After the meeting on March 21-22, the US Federal Reserve increased the rate by 25 basis points, from 4.5 to 4.75%. Along with this, we observe the provision of liquidity to American banks, which, in our opinion, is a disguised form of money printing and will ultimately affect the price of Bitcoin and altcoins.
Yes, we may not immediately reach the 29-32K zone, and a rollback to around 25K may follow, but the crisis in the banking system, distrust of banks, and money printing will eventually have their impact.
Yes, we may not immediately reach the 29-32K zone, and a rollback to around 25K may follow, but the crisis in the banking system, distrust of banks, and money printing will eventually have their impact.
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