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Bitcoin Performs Poorly in 7 FOMC Meetings This Year, Only Rises Once

Summary: According to analyst @ali_charts, out of the 7 FOMC meetings held this year, Bitcoin has only recorded one increase, which was on May 7th at 15%. The remaining 6 meetings resulted in declines. @ali_charts warns traders to be cautious of the upcoming FOMC meeting this week, as there may be a risk of a downturn ...

According to analyst @ali_charts, out of the 7 FOMC meetings held this year, Bitcoin has only recorded one increase, which was on May 7th at 15%. The remaining 6 meetings resulted in declines. @ali_charts warns traders to be cautious of the upcoming FOMC meeting this week, as there may be a risk of a downturn after positive market developments.

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Link: Bitcoin Performs Poorly in 7 FOMC Meetings This Year, Only Rises Once   [Copy]
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