| Time | Details |
|---|---|
| 2024-07-31 14:00 |
Bitcoin's Potential for New All-Time High Amid Stagnation
According to CryptoMichNL, Bitcoin is experiencing stagnation in its price action as the Federal Open Market Committee (FOMC) meeting occurs. Despite this, as long as Bitcoin remains above the $60,000 to $62,000 range, it is likely to continue its upward trend towards a new all-time high in the coming months. (Source) |
| 2024-07-31 13:04 |
ADP Non-Farm Employment Change Misses Expectations; Bitcoin Steady Ahead of FOMC Meeting
According to CryptoMichNL, the ADP Non-Farm Employment Change came in at 122,000, falling short of the expected 147,000. This negative miss has been a recurring trend. The U.S. Dollar Index (DXY) has declined, while Bitcoin remains unchanged. The market is now anticipating the FOMC meeting tonight, which may provide news regarding potential rate cuts. (Source) |
| 2024-07-31 07:30 |
Ethereum Experiences Overnight Correction, Rebounds Strongly
According to CryptoMichNL, Ethereum (ETH) experienced a significant correction overnight, largely driven by geopolitical news involving Hamas and Israel. Despite this, ETH saw a strong upward surge, returning to 0.05 BTC. Additionally, altcoins are showing a positive trend today. Traders should keep an eye on upcoming ADP and FOMC announcements for further market direction. (Source) |
| 2024-07-31 16:00 |
FOMC Meeting May Impact Bitcoin Rally
According to @CryptoMichNL, the upcoming FOMC meeting at 8.00 PM CET is expected to be a non-event with no immediate changes. However, traders should focus on future guidance, particularly the potential for rate cuts in September. If rate cuts are indicated, it could lead to a fall in yields and a subsequent rally in Bitcoin. (Source) |
| 2024-07-31 18:03 |
FOMC Holds Rates Steady, Awaiting Powell's Speech
According to CryptoMichNL, the Federal Open Market Committee (FOMC) has decided to maintain the current interest rates, with no changes to the September rate cut policy as outlined in their documents. Future market movements will largely depend on the upcoming speech by Federal Reserve Chairman Jerome Powell and his forward-looking statements. (Source) |
| 2024-08-01 15:30 |
Impact of FOMC Meeting on Ethereum and Bitcoin ETFs
According to @CryptoMichNL, both Ethereum and Bitcoin ETFs did not show any flows yesterday due to the FOMC meeting. However, it is expected that activity will pick up from today onwards. There is still a consistent outflow from the Grayscale Trust. (Source) |
| 2024-08-22 13:34 |
FOMC Minutes Suggest Potential Dovish Stance
According to @GreeksLive, predicting market movements is challenging, but insights from the FOMC minutes suggest a dovish stance. Although the risk to inflation is tilted to the upside, actual inflation is decreasing. The FOMC might recognize that their data dependency is guiding them in this direction. (Source) |
| 2024-08-22 13:34 |
Potential Dovish Lean from FOMC Minutes Analysis
According to Greeks.live, predicting market movements is challenging, but insights from the FOMC minutes suggest a dovish stance. Despite the risk to inflation being tilted to the upside, actual inflation appears to be falling. Additionally, there is an indication that the FOMC might recognize that their data dependency is starting to guide them in a different direction. (Source) |
| 2024-09-17 17:30 |
Bitcoin Correction and FOMC Week Insights
According to CryptoMichNL, Bitcoin has experienced a correction at the beginning of the week. However, with the FOMC meeting taking place this week, it's typical for Bitcoin to correct before the event and then rebound. Traders are advised that if they are not yet positioned, this is an opportunity to buy the dip in Bitcoin. (Source) |
| 2024-09-17 14:00 |
Impending FOMC Rate Cuts: Bitcoin and Gold Recommended
According to CryptoMichNL, the upcoming FOMC announcement on September rate cuts is crucial. He predicts that the rate cuts will occur sooner than expected due to worsening labor markets and economic conditions. Bitcoin and Gold are suggested as the assets to hold in this scenario. (Source) |
| 2024-09-18 16:25 |
CryptoMichNL Predicts FED Rate Cuts and Market Injection
According to CryptoMichNL, the upcoming FOMC meeting is a significant event for the markets. More crucially, the dot plot and quantitative easing (QE) measures will be in focus. There is a high likelihood that the Federal Reserve will begin cutting interest rates while simultaneously injecting money into the markets to support upward momentum, especially with the elections approaching. CryptoMichNL recommends going long on Bitcoin, Ethereum, and DeFi assets. (Source) |
| 2024-12-16 11:00 |
Anticipated Bitcoin Volatility Due to Key Economic Data Releases
According to CryptoMichNL, this week is significant for Bitcoin traders due to the release of crucial macro-economic data. The schedule includes Retail Sales on Tuesday, the Federal Reserve meeting and FOMC decision on Wednesday, GDP, Bank of Japan, and GBP monetary decisions on Thursday, and PCE prices on Friday. These events are expected to introduce considerable volatility in Bitcoin prices. (Source) |