FOMC in few hours...
Expectation: 25bps Hike (92% Chance)
• HIKE - Bearish
• CUT - Bullish
• HOLD - Neutral/Chop
Also keep a close eye on Fed Chair Kevin Warsh’s comments.
A more hawkish tone could put pressure on BTC and other risk assets, while a softer outlook could support market sentiment.
Either way, the initial reaction could be very volatile. So let the market digest the news before jumping into a trade.
Stay Safe !!!#BinanceSquareFamily
Expectation: 25bps Hike (92% Chance)
• HIKE - Bearish
• CUT - Bullish
• HOLD - Neutral/Chop
Also keep a close eye on Fed Chair Kevin Warsh’s comments.
A more hawkish tone could put pressure on BTC and other risk assets, while a softer outlook could support market sentiment.
Either way, the initial reaction could be very volatile. So let the market digest the news before jumping into a trade.
Stay Safe !!!#BinanceSquareFamily
