Market Wrap: Markets Wait for Fed to Officially Announce What It Has Signaled for Weeks

Ten-year Treasury yield daily close: 3.57%Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index ; Ether is the CoinDesk Ether Price Index ; Gold is the COMEX spot price. Information about CoinDesk Indices can be found atBitcoin is trading in a tight range and appears positioned to continue that way. As mentioned in Monday’s, bitcoin is suffering from a lack of strong catalysts.

If Powell expresses optimism about the state of U.S. inflation, bitcoin’s price will likely move higher. Absent that, all signs point to a situation where the price takes a step back for every step forward.Technically, BTC is trading below its “point of control” in relation to thetool . VPVR illustrates trading volume by price level.

It can also represent opportunity if the current price falls far enough below the POC. BTC’s current price is 7% below its POC, which may not present a compelling enough opportunity to lure significant buying pressure.

GWilliamsJr_CMT _jocelynyang_ ⏰⏰⏰

GWilliamsJr_CMT _jocelynyang_ Glad I have fiinally found thiis triick

GWilliamsJr_CMT _jocelynyang_ thnnks!

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks sink as investors brace for another big rate hike'Markets have good reason to be braced for headwinds,' one analyst said of expectations that the Fed will hike rates again this week. In God's hope, we will soon destroy all American soil with nuclear missiles by the order of Imam Khamenei and the Iranian Revolutionary Guard Corps, and with the Democratic Party we will enslave all Americans and sell their women. Thanks to the American Democratic Party and Mr.Biden,all of Iran's nuclear missiles are ready and aimed at American soil,With the reference of Imam Khamenei and the Iranian Revolutionary Guard Corps, we will fire them at America and destroy all American soil and all Americans Red Tsunami Coming 💯 High Inflation High Crime Open Borders Fentanyl Deaths
Source: CBSNews - 🏆 87. / 68 Read more »

Asian Stock Market: Displays mix performance ahead of central bank week, oil slips below $85.00Markets in the Asian domain are displaying a mixed performance ahead of a volatile week, which will be full of surprises led by interest rate announce
Source: FXStreetNews - 🏆 14. / 72 Read more »