Thomas T. Thai
Thomas T. Thai 1 minutes reading from Bitcoin

Markets Weekly: BTC Dips and BTC Loses $2.XY as FOMC Begins

Look at BTC pumped a few seconds ago! Here comes the drop. Bull trap like I said this morning.

Now wait for even more volatility as Powell speaks.

Here comes the second half of volatility as Powell speaks. Some words will trigger the markets more.

US equities market recovers as Powell speaks.

US equity indexes moved to their highest point of the range for this FOMC session since the market opening. DXY drops. The market is reacting positively to Powell's answers to questions.

Powell's press conference is over. The market had time to digest the outcome of FOMC and the press conference. US equities market & BTC tank to today's lows and DXY climbs back up.

This post is based on this twitter thread.

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