đŸ”„FOMC September – What’s the Fed’s next move?August core CPI came in at 0.3% MoM and the odds of a 25bp rate hike this week are now sitting near 90%.My take:
A 25bp hike looks almost locked in But I believe this will be a one-off move, not the start of a new hiking cycle,The Fed is still focused on soft landing, not aggressive tightening
If the hike comes through:
BTC may face some short-term pressure ,Tech stocks could stay soft Gold is likely to hold support
I’m currently cautious bullish on Bitcoin. Planning to accumulate on dips, no heavy leverage.What do you think? Will the Fed hike this week? One-off or start of a longer cycle? Share your trade setup on $BTC , stocks or gold($PAXG ) .
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