Upcoming CPI Data and FOMC Decisions Expected to Influence Bitcoin Prices
According to @CryptoMichNL, the markets are anticipating new CPI data and interest rate decisions from the FOMC tomorrow. Historically, Bitcoin and other cryptocurrencies tend to correct downward before such events and rise afterward. This pattern has been observed in previous months.
SourceMichaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast