Is FED poised to disrupt crypto growth and will next FOMC meeting trigger market crash?

Quick Summary:

Here's how options traders are positioning for the post-FOMC meeting scenario.

In fact, the recent BTC new highs of $107K and $108K were met by short-term bearish sentiment from options traders.

For the unfamiliar, the evening star is a bearish reversal candlestick pattern involving three candlesticks; a large bullish one, followed by a smaller and finally a large bearish candle.

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Article Details

Author / Journalist: Benjamin Njiri

Category: Crypto

Markets: United States

Topics: BTC Trading View Trading View News Social News 1 Ambcrypto Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-18 @ 17:00:40 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 529 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 24539045

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 15 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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