🗳️ FED DAY POLL: WHERE DOES $BTC GO AFTER WARSH?
The Fed announces at 2 PM ET today. A hold at 3.75–4.00% is almost fully priced in, but CME FedWatch shows about an 82% chance rates are higher by the December meeting.
BTC sits near $80.8K, right between the liquidity clusters CoinGlass flags at $81K and $79K.
Ki Young Ju warns that $80K must hold, or longs could cascade toward $73K.
My view: the hold is boring, the press conference isn't. If Warsh confirms a December hike, I think $79K gets tested before anything else.
By Friday's close, BTC is:
Vote and drop your exact number in the comments 👇
#FOMC #Fed #BTC #Bitcoin
The Fed announces at 2 PM ET today. A hold at 3.75–4.00% is almost fully priced in, but CME FedWatch shows about an 82% chance rates are higher by the December meeting.
BTC sits near $80.8K, right between the liquidity clusters CoinGlass flags at $81K and $79K.
Ki Young Ju warns that $80K must hold, or longs could cascade toward $73K.
My view: the hold is boring, the press conference isn't. If Warsh confirms a December hike, I think $79K gets tested before anything else.
By Friday's close, BTC is:
Vote and drop your exact number in the comments 👇
#FOMC #Fed #BTC #Bitcoin
Above $83K
Chopping between $79K and $83K
Below $79K
Flushed toward $73K
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