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Bitcoin Dominance Drop After FOMC Meeting
In 2017, BTC dominance plunged from 95% to 62%, and in 2021, it dropped from 63% to 40%. Notably, the interest rate remained unchanged during both FOMC meetings, and there is a 98% probability that the same will happen this time.
🤔 Will history repeat itself in this cycle?
In 2017, BTC dominance plunged from 95% to 62%, and in 2021, it dropped from 63% to 40%. Notably, the interest rate remained unchanged during both FOMC meetings, and there is a 98% probability that the same will happen this time.
🤔 Will history repeat itself in this cycle?
#BTC.Dominance now complete their 217days as u can see the previous #BTC.D cycle. In weekly timeframe #BTC.D retest the trendline and now waiting for free fall as u can see in the last cycles.
Hold or sell
BREAKING: Binance Founder Changpeng Zhao (CZ) sentenced to 4 months in prison.
FOUNDER OF FTX SAM BANKMAN-
FRIED HAS BEEN SENTENCED TO
25 YEARS IN PRISON FOR MULTI-
BILLION DOLLAR FRAUD.
FRIED HAS BEEN SENTENCED TO
25 YEARS IN PRISON FOR MULTI-
BILLION DOLLAR FRAUD.
Interest Rate #FOMC 5.5%
No Hike✅
No Hike✅
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