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<div class="text-justify"> Hello reader friends, I would like to take this opportunity to share with you all some considerations about the updated events of the Bitcoin price action before and after the announcements made by the FED this November 2nd, as it was expected to happen the measure adopted was to raise interest rates by 0.75%, but mysteriously this time the Bitcoin price has remained apparently calm.</div>
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<div class="text-justify">When I say that Bitcoin was in apparent calm before and after the FED announcement, I express it because the price action has remained above $20,000, behavior that for many is something positive since in previous FED announcements the price reacted quickly and downwards towards the $18,000 zone, an element that did not happen this time.</div>
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<div class="text-justify">Paradoxically, and even when the markets were very attentive to this new Fed announcement, Bitcoin reacted quickly to the upside, rising over 1% and even passing the $20,700 per unit mark, a behavior that investors view with optimism.</div>
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<div class="text-justify">In the hours following the Fed's announcement, Bitcoin's price action has not been as unbalanced as the previous ones, considering that Bitcoin has not fallen sharply as bearish traders predicted.</div>
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<div class="text-justify">In contrast to Bitcoin's apparent moderate momentum, the dollar index has reacted negatively, falling a little more than 0.50%, and is now at early October levels, which for many analysts means it is the worst day since last week.</div>
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<div class="text-justify">Given this favorable scenario, it will be necessary to closely follow the Bitcoin price action in search of potential entries. I would like to know your opinion on this behavior that Bitcoin has been showing after the Fed's announcement.</div>
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<div class="text-justify"><h4>SOURCES CONSULTED</h4></div>
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<div class="text-justify"><strong> Coindesk. </strong> Federal Reserve Hikes Rates as Expected, Will Watch 'Lags' in Monetary Policy; Bitcoin Rises. <a href="https://www.coindesk.com/markets/2022/11/02/federal-reserve-raises-interest-rates-by-75-basis-points-bitcoin/" rel="noopener" title="This link will take you away from steemit.com"> Link</a></div>
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<center><img src="https://i.postimg.cc/rF5YhtDV/Banner-Fuente-consultada-I.png"/></center>
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<div class="text-justify"><h3>OBSERVATION:</h3></div>
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<div class="text-justify">The cover image was designed by the author: @lupafilotaxia, incorporating image: <a href="https://coinchapter.com/bitcoin-btc-set-to-fall-below-20k-this-week-on-feds-0-75-rate-hike-fud/" rel="noopener" title="This link will take you away from steemit.com"> Coingape. </a></div>
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