Pi Network ATL Coincides With Bitcoin’s Post-FOMC Drop

Explore the provided link to achieve a steady profit in Binance futures trading. Receive complimentary Bitcoin trading signals and utilize the Cornix trading Bot for optimal automated trades: https://telegram.me/btctradingclub

Pi Network’s Pi Sees New ATL, Bitcoin (BTC) Slips Below $88K After FOMC Meeting

Although it remained relatively stable at first following the conclusion of the first FOMC meeting for the year, BTC’s price started to lose value later on and dipped below $88,000.

Most larger-cap altcoins are deep in the red as well on a daily scale. Ethereum has once again lost the $3,000 support level, while XPR has slipped below $1.90.

BTC Falls Below $88K
The primary cryptocurrency’s latest correciton began last Monday after some stock and futures markets opened following Trump’s newest tariff threats against many EU counties. After standing above $95,000 that weekend, BTC tumbled to $92,000 on Monday and to under $88,000 by Wednesday.

The bulls tried to intervene and prevent another nosedive. They were successful at first, driving the asset to just over $91,000 on Friday. However, that was short-lived and bitcoin ultimately continued to lose traction by slumping to $86,000 on Monday. This became its lowest price tag in over a month.

It rebounded to $88,000-$89,000 in the following days and even tapped $90,500 briefly yesterday ahead of the FOMC meeting. It slipped to $89,000 once it began and remained there for hours even though the Fed said it wouldn’t cut the rates. However, the predominantly bearish trend took its toll again in the past several hours, as BTC now struggles beneath $88,000.


56% Profit on #PLAY/USDT 

Our Team accounts for the Best in the Trade market, with thorough understanding of the Market behavior and trends.

We have a skilled team of full time crypto traders who excel in market analysis and trading.

Just visit the link above and see our stats, the accuracy of our signals and words of appreciation from our members

Comments

Post a Comment

Popular posts from this blog

XRP Set for $3? Key Charts Point to June Surge

Image
Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades –  https://telegram.me/progrouptraders Multiple technical, onchain and derivatives market indicators suggest a potential XRP price rally toward the $3 milestone in the coming days. XRP onchain data and chart setups converge on the $3 target. Spot taker CVD has flipped positive, suggesting confidence among buyers. XRP/BTC hints at a potential 70% rally. XRP is flashing multiple technical and onchain signals, suggesting that a rally to $3 is possible this month. Here are several charts making the case for a near-term breakout. XRP falling wedge pattern targets $3.20 The weekly chart shows XRP price trading with a falling wedge pattern, with the price facing resistance from the pattern’s upper trendline at $2.43. A weekly close above this area will clear that path for XRP’s rise toward the wedge’s target at $3.20, representing...
Read more

How Bitcoin Could React to G7 Bond Market Collapse

Image
Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades –  https://telegram.me/progrouptraders Bitcoin’s march toward $150,000 could gain momentum as soaring G7 bond yields push investors toward hard assets like BTC and gold. Bitcoin thrives when yields rise on debt and inflation fears, but struggles when central banks tighten aggressively. Today’s bond market stress looks inflation- and debt-driven, suggesting BTC could follow gold’s record run with higher-beta gains. Long-term government bond yields are ripping across the US, Europe, Japan and the UK, even as central banks slash policy rates. The 30-year US Treasury is back near 5%, France’s long bond trades above 4% for the first time since 2011, and UK gilts are testing 27-year highs. Japan’s 30-year yield has reached record levels, prompting analysts to call it the “collapse of global G7 bond markets.” Wonderful words from ...
Read more

BTC Bulls at Risk as Trade Tariff Deadlines Loom

Visit this link to make money with bitcoin and other cryptocurrencies –  https://telegram.me/cryptosignalalert Visit –  https://play.google.com/store/apps/details?id=com.freecryptosignals.app An end to the “tariff sabre rattling” may see Bitcoin rallying to $120,000 this month, Swyftx lead analyst Pav Hundal tells Cointelegraph. The ongoing loop of tariff uncertainty from US President Donald Trump is the most significant risk for those betting big on Bitcoin over the next two months, a crypto analyst warns. “The biggest threat to bulls right now is that nothing changes over the next two months, and we just stay trapped in this cycle of endless tariff ultimatums,” Swyftx lead analyst Pav Hundal told Cointelegraph. US policymakers waiting for “hard data” Hundal said there is a risk that US policymakers delay monetary easing until they get “hard data” on the impact of Trump’s tariffs, which would risk a “growth slowdown.”  By joining our Binance signal service, you can follo...
Read more