03/19 Update below. This message was initially published on March 18
Bitcoin has been stuck in the maintenance model in recent weeks, fighting to resume the momentum after the “sale of panic” raised fears a major bitcoin price accident.
Donald Trump at the front Cryptoasset & Blockchain of Forbes advisor Where you can “discover blockchain blockbusters ready for 1,000% more earnings!”
The price of Bitcoin fell from its summit of nearly $ 110,000 per Bitcoin, falling at around $ 80,000 despite a revealing leak of Russia is quietly leaning over Bitcoin and Crypto.
Now, as merchants speculate on Donald Trump’s White House could prepare to buy as much bitcoin as possible, the crypto trader closely watched Arthur Hayes predicted that the federal reserve is about to intervene to stabilize the markets, potentially triggering a boom from Bitcoin prices.
Register now for free Cryptocurrency–A five-minute daily newsletter for merchants, investors and cryptocurrency will update you and keep you in advance on Bitcoin and the Bull Run Crypto-Marché
The president of the federal reserve, Jerome Powell, could intervene to support the markets, including the price of Bitcoin … (+)
“When there is financial distress, they always print money. No matter the political trends,” said Hayes, the co -founder of Pioneer Bitmex, the co -founder of Crypto Deivatives, who launched the investment company Maelstrom, in a large interview with Bitcoin News.
The Bitcoin price and the wider cryptography market have followed the stock markets below in recent weeks, the merchants react to the international trade prices of the US President Donald Trump and the increase in the risk of recession.
03/19 Update: President of the Federal Reserve Jerome Powell is “between a rock and a hard place,” said the chief economist of Wells Fargo Wall Street JournalThe Fed likely to have rates today, because it is struggling with the prospect that the commercial war of Donald Trump fuels an inflation bump but also economic growth.
Merchants whisper that Powell could announce the end of the Fed balance sheet program, known as the quantitative tightening, which could increase the price of bitcoin, crypto and stock markets.
“Our pricing strategists expect the declaration indicates that the Fed stops tightening quantitative until the debt ceiling is resolved, as suggested in the minutes of the January meeting,” wrote analysts from Bank of America in a note seen by Pear. “They do not expect to restart after the debt ceiling is discussed, but the announcement will not be made until later this year.”
The Fed will announce its interest rate decision at 2 p.m., followed by Powell’s press conference at 2:30 p.m..
“At the end of last year, the president of the Fed Powell suggested that the end of the (quantitative tightening) arrived in 2025. If he mentions it in (the declaration or the press conference of today (I imagine that someone will ask him), which would eventually report that we are in a new monetary regime, and that the stands of the fedeal ready to take up the additional debt purchases should (quantitative writing) again, “writes in a note sent by e-mail.
“Although the renewal (quantitative relaxation) is unlikely to soon, the additional liquidity of a large buyer (the Fed) returns to the market to replace maturation assets would be good news,” wrote Acheson, adding that the treasure market risks $ 9,000 billion in debt maturity this year that the quantitative tightening could disrupt 9,000 billion dollars Year this year that quantitative tightening could disrupt $ 9,000 billion this year this year that quantitative tightening could disrupt.
“When the valves open, it’s Go’s time,” said Hayes, referring to the return of liquidity on the market and predicting “they will reflect and print more money than anyone ever printed before.”
The latest Bitcoin prices boom which saw the climbing the price of Bitcoin at around $ 70,000 at the end of 2021 came after the huge government recovery expenses and money printing.
“We know a generation of low liquidity liquidity funds,” said Hayes.
Hayes predicted that the Bitcoin price will reach $ 250,000 by the end of the year, because the Fed is forced to turn around and move to support the economy and the prices of assets.
Register now for Cryptocurrency– a free and daily newsletter for the crypto-lecious
The price of bitcoin is fell from its recent summit of around $ 110,000 per Bitcoin, dragging … (+)
“All eyes are on the federal reserve policy meeting this week,” the BlackRock analysts wrote in a note.
The federal reserve begins its two -day political meeting today, with the last interest rate decision of the Fed due tomorrow – planned to see the interest rates left unchanged despite President Trump’s campaign to see them reduce.
Merchants are prices in two or three rate drops later this year, but this could change with the very important and important press conference of the president of the Fed, the president of Jerome Powell.
