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GM E.T Fam! Happy Hump Day to you all. As we all know, today is a very big day for multiple industries. The FOMC will be making a decision on the monetary policies later today. We’re all anticipating the results. Will Fed tapering be put into action?
We’ll have to wait and see. Regardless of what happens, you should already have your capital preservation strategy in mind. Krown is giving us some TA that we can use in the short term. We’re revisiting the Fear and Greed Index to determine where we are in the current market. We’re also looking at a few global charts to analyze where prices may be headed.
The charts look eerily similar to the charts in September before Bitcoin had a huge pump. One thing you all should pay attention to are the leveraged long and shorts that are discussed. Be sure to stick around for the quick fire altcoin picks as well. Have a great day!
DISCLAIMER: This is not financial advice! This is an entertainment and opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing. DYOR
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