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Buy signal on #Bitcoin mining stock $RIOT daily chart.
Repost from 🇨🇭 Gilanns - Trading 💎
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Powell finished his speech
Our rollercoaster day finished
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Ark Invest Founder Cathie Wood says there is a 25% chance Tesla $TSLA hits $15,000 within 5 years
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The #Bitcoin 💰 market is open 24/7/365,
every second of the year,
it is the most liquid asset in the world,
It is pure organic Spot-Buying driving this market, we are just getting started.
Be patient.
Complacency: we just need to cool off for the next Rally. lol
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⚡️ Jerome Powell (head of #FED ):
(part 3)
✔ Right now we HAVE an OPPORTUNITY to approach the issue of rate cuts cautiously.
✔ We have NO PLAN to wait until something breaks in the US economy and then try to fix it.
✔ Nobody considers rate hikes as a base case scenario.
✔ BUT I cannot announce the date of the Fed rate cut...
✔ There are several triggers that will prompt us to reduce the rate in the country (soften the monetary policy).
🏁 end
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⚡️ Jerome Powell (head of #FED ):
(part 3)
✔ Right now we HAVE an OPPORTUNITY to approach the issue of rate cuts cautiously.
✔ We have NO PLAN to wait until something breaks in the US economy and then try to fix it.
✔ Nobody considers rate hikes as a base case scenario.
✔ BUT I cannot announce the date of the Fed rate cut...
✔ There are several triggers that will prompt us to reduce the rate in the country (soften the monetary policy).
🏁 end
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$GME I added a 2nd, less aggressive trendline which would push the move out until next week.
Tough to say what's about to happen right now.
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