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Bitcoin Approaches Death Cross as Goldman Foresees 4 Fed Rate Hikes This Year - CoinDesk

Bitcoin Approaches Death Cross as Goldman Foresees 4 Fed Rate Hikes This Year - CoinDesk

Bitcoin Approaches Death Cross as Goldman Foresees 4 Fed Rate Hikes This Year - CoinDesk
Jan 10, 2022 49 secs

In December, the Fed announced at least three rate hikes by the end of 2022 and an end of the asset purchase program by March.

The impending death cross, coupled with the souring macro outlook, may bolster overall bearish sentiment.

However, death crosses witnessed in June 2021, late March 2020, and October 2019 were bear traps or false signals that marked major price bottoms.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.

CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies

CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups

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