Everything is aligning with my long-term thesis.
When BTC hit 80k, I said that there isn't much liquidity left on the downside. The market needs to pump to show some relief rallies up to 100k or a maximum of 105-107k so that the market can generate enough liquidity.
The 50 EMA retest also hasn't been completed yet, so yeah...
And fundamentally, everything is aligning.
The pump before the fomc rate cut is already priced in everyone knows the cut will happen.
Also, Trump kept saying that the new Fed chair will cut rates even more. As I explained, the new Fed chair can cut aggressively but do they buy things at the top?
#fundamentalanalysis #marketupdate #FOMC #USJobsData #InterestRateDecision
