EPISODE #252: The Crypto Markets is Currently Pumping
The crypto market is currently enjoying a pump the last 6 days. Headlining is Ethereum's ETH with a $1531 high for the week. Bitcoin also hit a high of $22,767. The daily RSI for ETH is sitting it 64.90 and Bitcoin's is at 53.93. This market pump might be short-lived since the Fed will have the FOMC meeting on July 26-27. On July 28, the Fed Interest Rate Decision will be announced to the public. And on the same day, the GDP Growth Rate of the US will be available to the public as well.
\nA friendly reminder not to fight the Fed and stay disciplined with your goals and strategies. The last thing you wanna do is to FOMO in your money/capital during a short rally on a bear market.
\n\U0001f4b2Peso Smart PH is a channel that aims to educate Filipinos on how to handle their money better, invest in the stock market, take advantage of compound interest and discuss all things personal finance. I'm an avid fan of Warren Buffet, Mark Cuban, Gary Vaynerchuk, Robert Kiyosaki, Og Mandino and Tony Robbins. I wanted to share this journey with you guys to broaden my understanding and knowledge in the world of investing, money and wealth.
\n\U0001f4c3 Disclaimer: I'm not a financial advisor and I simply share my experiences and knowledge in the Philippine stock market. All my content are made for educational and informational purposes only and should not be deemed as financial advice. Trading stocks, cryptocurrencies and ETFs poses a risk of loss.
\n#crypto #bitcoin #ethereum