đš FOMC WATCH: RATE HIKE INCOMING?
August core CPI came in at 0.3% MoM, and markets are now pricing nearly a 90% chance of a 25bp Fed rate hike this week.
But the big question is: Is this just a one-time hike, or the beginning of a longer hiking cycle?
If the Fed hikes:
âą $BTC could face short-term selling pressure
âą Tech stocks may struggle as yields rise
âą Gold could react sharply to the Fedâs tone
Iâm watching $BTC closely for the next major move. No blind entries â waiting for confirmation before trading.
What do you expect: 25bp hike or no hike? Bullish or bearish for BTC?
#FedRateWatch #FOMCâŹâ©
August core CPI came in at 0.3% MoM, and markets are now pricing nearly a 90% chance of a 25bp Fed rate hike this week.
But the big question is: Is this just a one-time hike, or the beginning of a longer hiking cycle?
If the Fed hikes:
âą $BTC could face short-term selling pressure
âą Tech stocks may struggle as yields rise
âą Gold could react sharply to the Fedâs tone
Iâm watching $BTC closely for the next major move. No blind entries â waiting for confirmation before trading.
What do you expect: 25bp hike or no hike? Bullish or bearish for BTC?
#FedRateWatch #FOMCâŹâ©