And there iti s, the DXY support Group Keeps rates unchanged
September is almost looking like a certain point of change now.
This chart is of all rate changes since 2021 and the Key moments.
The take away from this is simply that the changes had NO effect on Bitcoin
It has always retreated that 9-% after an ATH
But DID make changes was the effect on other companies.
And the LUNA and FTX collapse did take away confidence for a little while but that returned very quickly in 2023 and has continued through 2024
And it is not over yet.
Will be very interesting to see what happens in September, because Rate cuts have historically seen Markets FALL but higher risk assets may win..
Time will tell
September is almost looking like a certain point of change now.
This chart is of all rate changes since 2021 and the Key moments.
The take away from this is simply that the changes had NO effect on Bitcoin
It has always retreated that 9-% after an ATH
But DID make changes was the effect on other companies.
And the LUNA and FTX collapse did take away confidence for a little while but that returned very quickly in 2023 and has continued through 2024
And it is not over yet.
Will be very interesting to see what happens in September, because Rate cuts have historically seen Markets FALL but higher risk assets may win..
Time will tell
Nothing to be taken as Financial advice.
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Nothing to be taken as Financial advice.
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.