FUD or FOMO with FOMC

in crypto •  2 years ago 

Later today, Wednesday 1 February, 2023, will be the latest announcement by the US Federal Reserve's FOMC on interest rates and their narrative regarding the economy.

You may also follow it on the Fed's website or their YT channel.

Well, this is mass adoption! Who'd have thought Bitcoiners would be hanging on the words of the Fed. Just shows who's controlling the narrative. What does still remain is the ability to make - and to lose - money without being corralled into safer asset classes.

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  ·  2 years ago  ·  

Bitcoin Surges Above $24K After Fed Chair Says ‘Disinflationary Process Has Started’

so much for crying-wolf!
however, I still think the price needs to test its support before another leg up.

  ·  2 years ago  ·  

also interesting, but not so sexy