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Bitcoin update before FED Funds rate 22.03.2023 for BINANCE:BTCUSDTPERP by EXCAVO

Fed Funds rate. There is an 85% chance of a 0.25% Fed rate hike at tonight's meeting. The Fed is in a situation where they can't raise the rate and can't not raise the rate, so it's more likely we will see 0.25 today. More important is Jerome Powell's rhetoric as always. It is hard to make predictions from his speech. Most likely, he will again try to calm everybody and say that everything is fine. We are more interested in his comments on inflation and the banking crisis. I think …

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