The Best Way To Trade Bitcoin After The FOMC Minutes
Posted On October 9, 2024
Professional crypto trader Justin Bennett shared his insights on Bitcoin’s (CRYPTO: BTC) market volatility and future predictions ahead of the FOMC minutes meeting.
What Happened: Bennett took to social media to highlight that the meeting minutes are not a Fed rate decision, which is why does not expect as much volatility as typically seen from a Fed rate decision.
The trader further discussed his bearish stance on Bitcoin, which he adopted after the market lost a certain area.
He predicted that Bitcoin might come down and clear out the longs that have built up, especially with the FOMC …
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