Topic: Fed To decide the future of assets purchasing 14th December - page 2. (Read 251 times)
I do not think some buy orders on a a single exchange is enough to be news worthy or does it need to have anything to do with some upcoming FED conference. This seems like a pretty cheap way to push out some articles while trying to use the Bitcoin community to gain traffic.
Will this news be an influencing factor to prop up the price of Bitcoin upwards? I am not also sure of that not unless I can be shown some historical precedents, maybe. Now, the same good news can be affecting traditional investment vehicles, maybe. But then again, if this is what the crypto market has been looking for for it to bounce back, so be it and I would be welcoming it. Let's see if there can be some changes today...at least we need some green color away from the prevailing red the past few days in the crypto market.
This may not make much difference on the market as the fed decisions may have little to no effects on decentralized assets such as Bitcoin, all assets on the global market are currently down and it may take more than just a Fed decision to make a great mark.
So many Bitcoin traders are now lineup waiting to see the information that will be conveyed by the fed on the 14th of December 2021 as many analysts have predicted could see its last day of a downside,
The fed will give updated information on asset purchases a form of quantitative easing for both Bitcoin and other traditional assets.
Data from Bitfinex show traders are lining up and set to buy the news as buy orders on the exchange are in high volume waiting for the big news.
https://cointelegraph.com/news/bitcoin-price-dip-may-end-wednesday-as-bitfinex-bids-hint-at-fed-buy-the-news-plans
The fed will give updated information on asset purchases a form of quantitative easing for both Bitcoin and other traditional assets.
Data from Bitfinex show traders are lining up and set to buy the news as buy orders on the exchange are in high volume waiting for the big news.
https://cointelegraph.com/news/bitcoin-price-dip-may-end-wednesday-as-bitfinex-bids-hint-at-fed-buy-the-news-plans
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