TradingView
Bitduke
Mar 15, 2020 9:58 PM

XBTUSD: FED cuts rates to zero and massive $700 QE 

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

The Federal Reserve has announced they are emergency cutting rates to zero and launching a MASSIVE quantitative easing program to do $700 billion in asset purchases.

With these news I think BTC is heading to $6000 - $6200 now (selected zone).

Observing

Information is just for educational purposes, never financial advice. Always do your own research.

Trade closed: stop reached

Hmm, ES futures and Oil falls at the opening, looks like pump is cancelled

More