The Best Way To Trade Bitcoin After The FOMC Minutes
Portfolio Pulse from Khyathi Dalal
Professional crypto trader Justin Bennett shared his bearish outlook on Bitcoin ahead of the FOMC minutes, predicting potential price drops to $57,000 due to market structure and liquidity. He advises traders to expect volatility with upcoming FOMC minutes and U.S. economic data releases.
October 09, 2024 | 5:26 pm
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Justin Bennett predicts potential bearish movement for Bitcoin, with prices possibly dropping to $57,000 due to market structure and liquidity. He advises caution with upcoming FOMC minutes and economic data releases.
Bennett's analysis suggests a bearish trend for Bitcoin, with potential price drops to $57,000 due to market structure and liquidity. The FOMC minutes and upcoming economic data could increase volatility, impacting Bitcoin's short-term price.
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