fedhikes

BOMBSHELL

Bank of America is sounding the alarm on three impending Federal Reserve interest-rate hikes this year, potentially triggering a fresh wave of volatility in Bitcoin and other risk assets. Their forecast, courtesy of Reuters, has sent shockwaves across the crypto market, leaving investors scrambling for cover. The stakes are high, with experts predicting a direct correlation between tightening monetary policy and the future of Bitcoin.

THE PROOF: #Bitcoin #FedHikes #CryptoMarket

With a Federal Reserve forecast that could send interest-rates soaring, the flood has started and traders are bracing for impact. Will you be ready?

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Bloomberg strategist Mike McGlone warns Bitcoin could plummet to 10000 dollars due to S&P 500 correlation and Fed rate hikes.

#BitcoinMacro #FedHikes ‎

While most traders are fixated on the Bitcoin price, smart money is watching a crucial metric that just spiked: the Federal Reserve's hawkish stance, fueled by the strongest U.S. labor market data in months. #FEDhikes

THE SIGNAL: Initial jobless claims fell to 226,000, a 20k drop from expected levels, solidifying the hawkish Fed outlook and crushing short-term rate cut hopes. #JobsReport

THE INTERPRETATION: This news has Bitcoin tumbling toward $63,000, putting it within striking distance of a support level that bulls desperately hope to hold. However, this sell-off may be a buying opportunity for those in the know.

THE WATCH LIST: Keep an eye on $62.5k, the crucial support level that will determine whether this is a temporary pullback or the beginning of a larger downdraft. #BTCprice

Will the market's fear of inflation prevail over the hope of a BTC bounce, or will savvy traders take advantage of this dip?

🚨 FED POLICY JUST SHIFTED THE MARKET

The Fed just made its first rate hike in three years with today's announcement, while its latest projections still hint at a second hike before year-end.

Markets largely expected this decision, which is why a sizable chunk of selling already took place before the statement was released. With the decision now out of the way, Bitcoin is witnessing a short-term relief rally.

The main concern is liquidity, as higher borrowing costs and higher yields could put further pressure on risk assets in general and crypto in particular.

The next hike in the Fed's policy rate may not come if a cooling-off period in the geopolitical backdrop, falling energy prices, and decreasing inflation are going to affect the
central bank's calculations in the months ahead.

For $BTC , however, this means that it's all about the next steps that the policymakers may contemplate. 👀

$BTC
$GOOGL.US
$SPCX

#FedRateWatch #Bitcoin #CryptoMarkets #FedHikes #MarketUpdate