BTC Jumps After Fed Cut, Stronger Gains Ahead?

Get Daily altcoins signals and trade with the professionals trading strategy – https://telegram.me/binancefuturesignal

Crypto markets rebounded after the Fed’s third rate cut this year, with analysts predicting a larger bounce following the typical post-cut pattern.

Crypto markets saw a slight pickup after the US Federal Reserve’s widely expected rate cut on Wednesday, and a larger bounce could be next, analysts say. 

The central bank has executed three consecutive interest rate cuts totaling 0.75% over a three-month period from September to December. 

Despite being fundamentally bullish for crypto in the long term, each cut triggered short-term sell-offs, following a classic “buy the rumor, sell the news” pattern, the onchain analytics firm Santiment said on Thursday. 

However, there is “typically a bounce after the dust settles,” it added, which can provide predictable trading opportunities. 


#PLAY/USDT has covered all the targets to give a Profit of 105%

It is very easy to grow your Binance account by being part of our Growing Community.

We have some expertise in trading, our team is well aware of the market fluctuations in the Bitcoin industry with 6 years of experience.

Kindly join our Crypto Signals Pro Group to get all the benefits as our existing members are already getting it.

Comments

Popular posts from this blog

DOGE Millionaires Accumulate – Is a 30% Rally Coming?

BTC-to-Gold Ratio Drops as Gold Price Reaches Historic $3K

Ripple v SEC: Agency Files Opening Brief in XRP Appeal