🚨 WAIT, WAIT, WAIT… FOMC IS COMING!
Guys, tomorrow could be a big day for BTC. The market is expecting a 25bp rate hike, with the odds around 90%+. August core CPI also came in at 0.3% MoM.
But the rate hike is already mostly expected. I’m watching the Fed’s next words.
If the Fed sounds tough, BTC and tech stocks can come under pressure. If the message is softer, we could see a strong bounce.
I’m not chasing the first move. I’ll wait for the market to show its direction and then take the trade.
What do you think $BTC pump or dump?
#FedRateWatch
Guys, tomorrow could be a big day for BTC. The market is expecting a 25bp rate hike, with the odds around 90%+. August core CPI also came in at 0.3% MoM.
But the rate hike is already mostly expected. I’m watching the Fed’s next words.
If the Fed sounds tough, BTC and tech stocks can come under pressure. If the message is softer, we could see a strong bounce.
I’m not chasing the first move. I’ll wait for the market to show its direction and then take the trade.
What do you think $BTC pump or dump?
#FedRateWatch
