Bitcoin has been moving slowly but its consolidating to its next big move to reach 10K . all my indicators and signaling a buy. I am bulling taking profit anywhere above 10K before the next 12 hours
After FED's Talk on Rate Monday Sept 12- 17:00 ..Traders are betting the Fed won't make a move on rates in September. Now, 85% of traders think the federal funds target rate will be 25 to 50 basis points as of September, which is where it is now. Only 15% of traders are expecting the fed funds rate to rise to between 50 and 75 basis points by September.
BULLISH...
Chances of a rate hike at the Fed's Sept meeting: Bullish for metals: 17:00 Today :Traders now anticipate just a 15 percent probability, down from 21 percent before the speech and as high as 30 percent Friday
BULLISH SIGNAL FOR METALS 17:00 Today: Chances of a rate hike at the Fed's next meeting immediately slumped after news of Brainard's speech broke. Traders now anticipate just a 15 percent probability, down from 21 percent before the speech and as high as 30 percent Friday.
