🇺🇸 FOMC DAY
ONE SPEECH COULD SEND BTC TO THE MOON OR STRAIGHT TO HELL.
Today is one of those days where being too bullish or too bearish could get you absolutely wrecked.
The Fed is expected to hold rates steady at 2:00 PM ET.
whatever he says about the future rate path could decide the next move for crypto.
Dovish comments → bulls get their fuel.
Hawkish comments → another correction.
And somehow, people will still be using 100x leverage before the speech. What could possibly go wrong?
Are we finally getting some relief, or are we about to get cooked again?
ONE SPEECH COULD SEND BTC TO THE MOON OR STRAIGHT TO HELL.
Today is one of those days where being too bullish or too bearish could get you absolutely wrecked.
The Fed is expected to hold rates steady at 2:00 PM ET.
whatever he says about the future rate path could decide the next move for crypto.
Dovish comments → bulls get their fuel.
Hawkish comments → another correction.
And somehow, people will still be using 100x leverage before the speech. What could possibly go wrong?
Are we finally getting some relief, or are we about to get cooked again?