BITCOIN NEW Mid-Term: Neutral Short-Term: Bearish With one o | GELATO - BINANCE TOP SIGNALS (free)

BITCOIN NEW

Mid-Term: Neutral
Short-Term: Bearish

With one of the most important FED meeting coming up between today and tomorrow in the US, which will likely push up interest rates even higher there's a lot of fear and uncertainty around most global markets, including crypto.

What we expect to see from this, is an eventual increase in interest rates, however we've likely seen a lot of unnecessary selling pressure from fearful investors and traders, who will likely buy back in after May 4th.

Up Probability: 52% - Down: 48%