BTC price of stands at $ 84,000 before the FOMC meeting, analyst warns of the second leg lower

The Cripto Markets increased Monday from Bitcoin (BTC), as another positive day for American actions, it expanded establishing risk to raise an increase. The largest cryptocurrency rose, and the wide market Clipto COINDESK 20 index is in the same period. Ethereum Ether (ETH) is stabilized above $ 1,900 and was 2.8% higher, while several Altcoin major, including SUI, AAVE, ICP and near reserved more than 5%.

Solana was also cut 3% higher in line with the wider market, because the first day of Ful Futures trade at the institutional market CME failed to make a difference in the investor.

Token Token Token (ENA) has gathered 7% on news Owner blockade development With the tokenized issuers of property securitization, aimed at connecting decentralized finances (definite institutions.

The key American stock indices expanding their bounce this week gave a favorable background for risky means. However, the LMAKA Joel Kruger strategy warned that the monthly S & P500 chart proposes constant correction for American antexections, which could strive for curve.

“When we take into account the state of global trade tensions and concerns about the slowing of the American economy, everything in the uncertain how much more, the Fed can offer, there is actually worries that the actions could further,” Kruger said.

He noted that there was a lower case low to keep the BTC revised peak 2024. March to $ 73,000 of $ 74,000.

The market near the universally expected to continue the rates of the Federal Market Market in Central Bank, David Duong, said David Duong (KT) (KT) (KT) program, David said Uong in the institution for coinbase.

“We think the Fed can pause or finish your KT program this week, because banks banks are close to 10-11% of GDP levels that are usually considered to maintain financial stability,” he wrote in a Monday Report.

He said that recent crypto Selloff is largely consequential for the macro and deterioration of liquidity conditions, which could be converted to better during the next quarter, providing a tail wine for property prices. “Crypto prices could find the bottom in the next few weeks before recovering new peaks later this year,” he concluded.