Bitcoin might rebound after FED’s press-conference
BTCUSD had plummeted below the intermediate-term support level of $29500. Considering the softer than anticipated inflation in the US, FED would probably send a dovish signal to the markets, which can provide a limited support to cyclical assets, including Bitcoin. Risk-appetite stays ata relatively high level. This week is packed with different decisions from monetary authorities, as well as earnings of big tech companies. Consider that while making decisions.
Read EXNESS Broker Review July 27, 2023 at 09:29PM Exness
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