$BTC AT A CRITICAL LEVEL
The last Fed decision shown on this chart was followed by roughly a 4% BTC drop.
Today, markets are pricing in a 25 bps Fed rate hike, with CME-linked market pricing around 93% probability ahead of the decision.
But the bigger question is what comes after the decision:
📉 Hawkish guidance → more pressure on risk assets
📈 Dovish guidance → potential relief for crypto
⚡ Volatility → likely around the rate decision + Chair Warsh's press conference
BTC was around $75,954 ahead of the decision after losing about 4% in the previous session.
Watch BTC closely today. One Fed statement can change the entire short-term structure.
#BTC #Bitcoin #FOMC #cryptotrading #Binance
The last Fed decision shown on this chart was followed by roughly a 4% BTC drop.
Today, markets are pricing in a 25 bps Fed rate hike, with CME-linked market pricing around 93% probability ahead of the decision.
But the bigger question is what comes after the decision:
📉 Hawkish guidance → more pressure on risk assets
📈 Dovish guidance → potential relief for crypto
⚡ Volatility → likely around the rate decision + Chair Warsh's press conference
BTC was around $75,954 ahead of the decision after losing about 4% in the previous session.
Watch BTC closely today. One Fed statement can change the entire short-term structure.
#BTC #Bitcoin #FOMC #cryptotrading #Binance
