Taper could start in November
Fed's Powell says taper could start in November, finish in mid-2022. Federal Reserve Chair Jerome Powell said the central bank could begin scaling back asset purchases as soon as November and complete the process by mid-2022, after officials revealed a growing inclination to raise interest rates next year.
Given the economic data, the start of tipping in November does not seem far-fetched.
I predict that bitcoin will fluctuate in a downtrend with the start of taper and strengthening of the dollar.
Of course, in the remaining 20 days until the end of the month, Bitcoin can suffer or have minor corrections and give Altcoins a chance to grow.
What do you think?
Given the economic data, the start of tipping in November does not seem far-fetched.
I predict that bitcoin will fluctuate in a downtrend with the start of taper and strengthening of the dollar.
Of course, in the remaining 20 days until the end of the month, Bitcoin can suffer or have minor corrections and give Altcoins a chance to grow.
What do you think?
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