The Fed April meeting minutes are out! The committee members were arguing pretty fiercely internally: one side is worried that inflation could return and doesn’t dare to cut rates too easily; the other side is worried that jobs can’t hold up and wants to loosen policy ASAP. In plain terms, the rate-cut decision still needs to be weighed against the data, but the door for cuts within the year isn’t closed.
For crypto traders, don’t expect the minutes to directly send the market short-term—BTC (and the rest of the market) will likely continue to churn and grind in consolidation. But remember this: liquidity is the lifeblood of crypto. As long as rate-cut expectations are still alive, every deep dip is a golden opportunity. And on the day the rate-cut shoe finally drops, crypto will always be the first risky asset to take off.
Keep an eye on the upcoming CPI and Powell’s remarks—nothing changes in terms of direction: buy the dip and position for $BTC $ETH
#FOMC #Fed rate cut
For crypto traders, don’t expect the minutes to directly send the market short-term—BTC (and the rest of the market) will likely continue to churn and grind in consolidation. But remember this: liquidity is the lifeblood of crypto. As long as rate-cut expectations are still alive, every deep dip is a golden opportunity. And on the day the rate-cut shoe finally drops, crypto will always be the first risky asset to take off.
Keep an eye on the upcoming CPI and Powell’s remarks—nothing changes in terms of direction: buy the dip and position for $BTC $ETH
#FOMC #Fed rate cut