📉 JPMorgan Predicts Fed Rate Cuts 📉
JPMorgan Chase thinks the Federal Reserve will cut interest rates by 0.5% in both September and November, with more cuts likely after that.
Other major banks like Goldman Sachs and BMO Wealth Management agree. The chance of a rate cut in September is now almost 86%, as people worry about the economy slowing down.
Keep an eye out for more news on this and I am Smelling #Bitcoin Bull market Soon 🚀
JPMorgan Chase thinks the Federal Reserve will cut interest rates by 0.5% in both September and November, with more cuts likely after that.
Other major banks like Goldman Sachs and BMO Wealth Management agree. The chance of a rate cut in September is now almost 86%, as people worry about the economy slowing down.
Keep an eye out for more news on this and I am Smelling #Bitcoin Bull market Soon 🚀
Long-term #Bitcoin HODLers are buying the dip, adding over 110,000 $BTC in July to their wallets!
Current situation:
1. Japan's stock market is officially in correction territory
2. #Bitcoin and Ethereum are down 15% and 25% today
3. The Nasdaq 100 is officially in correction territory
4. The 10-Year Note Yield is down 60 basis points in 1 week
5. The unemployment rate is at a 3-year high of 4.3%
6. The volatility index, $VIX, is up over 100% in 1 month
1. Japan's stock market is officially in correction territory
2. #Bitcoin and Ethereum are down 15% and 25% today
3. The Nasdaq 100 is officially in correction territory
4. The 10-Year Note Yield is down 60 basis points in 1 week
5. The unemployment rate is at a 3-year high of 4.3%
6. The volatility index, $VIX, is up over 100% in 1 month
#Bitcoin Fresh Analysis
Bitcoin recently bounced strongly from the $50,400 Bullish Order Block. If Bitcoin can hold this support level, we might see it reach $65,000 soon. However, if it fails to hold and breaks down, the next possible support is around the $42,000 Bullish Order Block.
Always wait for confirmations before entering trades. Never risk your hard-earned money on uncertain moves.
Bitcoin recently bounced strongly from the $50,400 Bullish Order Block. If Bitcoin can hold this support level, we might see it reach $65,000 soon. However, if it fails to hold and breaks down, the next possible support is around the $42,000 Bullish Order Block.
Always wait for confirmations before entering trades. Never risk your hard-earned money on uncertain moves.
An old miner from 2010 just moved $14 million worth of #Bitcoin 👀
Hodled all the way from $0.20 to $57,000
Hodled all the way from $0.20 to $57,000
#Bitcoin Update
$BTC is likely to reach the $59,000-$62,000 range.
We will update the next move based on how the price reacts at that level.
Stay tuned!
$BTC is likely to reach the $59,000-$62,000 range.
We will update the next move based on how the price reacts at that level.
Stay tuned!
"Four years ago today, MicroStrategy adopted #Bitcoin as its primary treasury reserve asset; since then $MSTR has outperformed 499 of 500 stocks in the S&P 500."
By Michael Saylor
By Michael Saylor