Post
Deejah Rumah
$BTC I'm bullish on this side. A 25 basis point rate hike is almost certain, but it's no longer news; the price has long since factored it in.
FedWatch shows an 86% probability of a 25 basis point hike at the September 15-16 meeting. Before the speech by Waller on August 28, the market still saw it as a 50-50 chance. During the same period, $BTC moved from 77,846 to 77,600, basically unchanged.
The key to not falling along with the market is the dollar. Rate hikes hurt coin prices through a st
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