May 25, 2022

Bitcoin decided on the movement at the Fed meeting

A few words about the meeting
Nothing new was said, nothing that we were not aware of. Collapsing QE until March, then an increase in the rate is possible (according toat least the Fed will have such an opportunity), the balance sheet reduction will not begin until the rate hike. The market reacted positively to this at the moment. But then Powell said that inflation is not so "transitional" (although we ourselves know this) - the market fell. Everything.

stock market now on loyalty, prices are more or less stabilizing, I think to buy shares in the near future.

Bitcoin long term until it shows signs of having a buyer, a move up to $30,000 is still possible.

Inside the day everything is clear — the fall in flat began yesterday at the meeting, today I am looking for shorts from the levels of $36,100, $36,450, $37,300. Short targets are $35325, $34500, $33300. Yesterday's plan is starting to work out.

Bitcoin decided on the movement at the Fed meeting