BitCoin price prediction – Important developments to follow this week in BitCoin and cryptocurrencies Review and Chart 2022 Coin price Prediction – Review and Chart 2022
BitCoin price Price Prediction 2024
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BitCoin price It is among the crypto coins traded on stock exchanges. BitCoin price comments and analysis, which are carefully followed by stock market investors, attract great attention. You can follow us and benefit from the information here.
To get this Crypto, you can subscribe to the KuCoin exchange here.
Many financial dynamics, including the cryptocurrency markets, focused on the Fed meeting to be held this week. The first Federal Open Market Committee meeting of 2022 will be held tomorrow and Wednesday. It is expected that some decisions will be made at the meeting to increase interest rates. As it is known, with the announcement of the minutes of the meeting in December, it was seen that the Fed would switch to a policy towards increasing interest rates and there were serious decreases in cryptocurrencies. It will be seen a little more clearly later. Experts expect the US Federal Reserve to raise interest rates 3 or 4 times this year.
Powell’s meeting is at 22.30
Fed chairman Jerome Powell is also on Wednesday after a 2-day meeting. He will make a statement on the day at 22.30 CEST. In his speech last month, Powell said that they would tighten their monetary policies and start to end their bond purchases in March.
Tesla earnings report is coming
On the other hand, apart from the Fed meeting, one of the most valuable companies in the world, the electric vehicle. Tesla maker will also release its earnings report on Wednesday. With this report, it will be clear whether Elon Musk, who stands out with his constantly changing ideas about cryptocurrencies, sells the BitCoin s in his company or buys new BitCoin s. Tesla announced last year that it bought $1.5 billion worth of BitCoin . About a month later, the company sold about 250 million dollars. In the summer, Musk announced that another company SpaceX also has BitCoin . Tesla recently announced that the company has launched product sales with DogeCoin . The company’s earnings report will also be published at 00:00 CET. Tesla’s earnings report meeting will also take place at 01:30 CEST.
Robinhood will also announce
The stock home cryptocurrency trading app company, one of the “aggressive” companies on cryptocurrencies like Tesla Robinhood will also release its earnings report on Thursday. The announcement time of the company is 00.00 CET…
Unemployment application figures…
Another important data that will be announced on Thursday will be the unemployment benefit application numbers. The figures will be officially announced at 16.30 CEST. As it will be remembered, the figures announced last week increased by 55 thousand compared to the previous week and rose to 286 thousand. This number was also the peak of the last 3 months for the USA.
SEC member Peirce will speak
One of the important developments of the week will be the speech of SEC member Hester Peirce. Peirce, who is known as a friend of cryptocurrencies and who, along with a few of his colleagues, sharply criticizes the regulatory agenda of SEC chairman Gary Gensler, will speak at an event called “Finance on the Blockchain”. The speaking time will be at 17:00 CEST. Peirce states that Gary Gensler and the SEC need to change their perspective on cryptocurrencies.