$BTCUSD Forex Signal: Drop to 20,000 Likely as Recovery Fades
Enter your emailThe pair will likely keep falling as sellers target the key support at 20,000.Timeline: 1-2 days.retreated to the lowest level in more than a week as last week’s rebound faded.
There will be two main catalysts for Bitcoin prices this week. The most important will be the upcoming interest rate decision by the Federal Reserve. With the American inflation soaring and with the unemployment rate falling to 3.7%, the bank will hike interest rates. Analysts expect that the bank will hike rates by as much as 1%.
Expectations of rate cuts in 2023 explain why the US dollar has eased in the past few days. Indeed, the dollar index has moved from this month’s high of $109.30 to the current $106.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
EUR/USD Forex Signal: Inverted Head \u0026 Shoulders FormsThe EURUSD remained in a tight range on Tuesday morning as investors waited for the upcoming US consumer confidence data and FOMC decision.
Baca lebih lajut »
GBP/USD Forex Signal: Inverted H\u0026S Pattern Signals BreakoutThe $GBPUSD price tilted lower after a weekend of chaos at Dover and as investors wait for the upcoming Fed interest rate decision.
Baca lebih lajut »
EUR/USD Forex Signal: Consolidation as Focus Shifts to FOMCThe EUR/USD pair is struggling for direction as investors focus on the latest interest rate decision by the European Central Bank (ECB).
Baca lebih lajut »
GBP/USD Forex Signal: Inverted H\u0026S Pattern Signals BreakoutThe $GBPUSD price tilted lower after a weekend of chaos at Dover and as investors wait for the upcoming Fed interest rate decision.
Baca lebih lajut »
EUR/USD Forex Signal: Consolidation as Focus Shifts to FOMCThe EUR/USD pair is struggling for direction as investors focus on the latest interest rate decision by the European Central Bank (ECB).
Baca lebih lajut »
EUR/USD Forex Signal: Inverted Head \u0026 Shoulders FormsThe EURUSD remained in a tight range on Tuesday morning as investors waited for the upcoming US consumer confidence data and FOMC decision.
Baca lebih lajut »