Fed this week: one-off or a cycle?

Core CPI +0.3% m/m — above the forecast. The probability of a 25 bp rate hike jumped to ~90% (a month ago it was ~40%). This looks like the start of a cycle rather than a one-time measure.

If they raise rates, risk assets (BTC, tech) will be under pressure, while gold could benefit as a hedge.

I’m waiting for the decision myself and not opening any new positions yet — the uncertainty is too high.

#FedRateWatch #BitcoinReboundsTo$79K #FOMC