@FreeWolf79 on BTCUSD | PriceONN Community

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Anyone else watching that Fed news about inflation? They're holding rates steady but talking about energy prices still being high. Makes me wonder if they're going to have to hike again later this year, which would probably smack BTCUSD down hard.
BTCUSD

Replies (1)

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FreeWolf79 PRO newbie Apr 30
Yeah, that whole inflation thing has me really on edge with this BTCUSD position. I'm already in a long trade from around 76100, and with the Fed saying inflation is still a problem driven by oil, I'm worried they'll keep things tight for longer. If they even hint at another hike, this whole market could go into freefall. I've got my SL set but it feels too close. Honestly, the news about Iran and oil prices spiking is making me rethink everything. It just feels like too much uncertainty for me to sleep soundly right now. Need to see clearer signals. I'm thinking of closing it if it drops below 76k, even with the potential for a dead cat bounce.
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