Home Blockchaine Buyers Stay Cautious Earlier than the Fed Make Their Transfer – Blockchain Information, Opinion, TV and Jobs

Buyers Stay Cautious Earlier than the Fed Make Their Transfer – Blockchain Information, Opinion, TV and Jobs

by crpt os


By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK).

Bitcoin and the crypto market saw a significant bounce yesterday, before finding resistance at $19,666 – the 2017 bull market top, a key resistance. Bitcoin remains below $20,000 for now as investors are very cautious ahead of the Federal Reserve decision tomorrow, followed by a news conference with Chair Jerome Powell.

The market is currently pricing in a probability of an 82% chance of a 75 basis point rate hike, and a 18% chance of a 100 basis point rate hike. As the chance of at least a 75 basis point rate hike has been fully priced in by investors, I think a 75 basis point rate hike could be priced in, in the short-term. However, central banks are very aggressive so a short-term rally may be short-lived.

In addition to the Federal Reserve decision tomorrow, there is the Bank of Japan monetary policy decision and Bank of England interest rate decision on Thursday, as well as the US Conference Board leading index – initial jobless claims. We are therefore set up for a very volatile week as investors gain clarity on the decisions of central banks.



Source link

Related Articles

xxxanti beeztube.mobi hot sexy mp4 menyoujan hentaitgp.net jason voorhees hentai indian soft core chupatube.net youjzz ez2 may 8 2023 pinoycinema.org ahensya ng pamahalaan pakistani chut ki chudai pimpmovs.com www xvedio dost ke papa zztube.mobi 300mbfilms.in صور مص الزب arabporna.net نهر العطش لمن تشعر بالحرمان movierulz plz.in bustyporntube.info how to make rangoli video 穂高ゆうき simozo.net 四十路五十路 ロシアav javvideos.net 君島みお 無修正 افلام سكس في المطبخ annarivas.net فيلم سكس قديم rashmi hot videos porncorn.info audiosexstories b grade latest nesaporn.pro high school girls sex videos real life cam eroebony.info painfull porn exbii adult pics teacherporntrends.com nepali school sex