❌Clarity Act yesterday DID NOT reach the required number of votes, which was to be expected.
Against this backdrop, the market dropped: September became a correction month, and I warned about this at the beginning of the month—September is historically the worst month for crypto.
But this evening we have a second, no less important event ahead: the FOMC meeting on the key interest rate.
If the rate is raised (probability 80–85%), I expect the downtrend to continue📉
If, however, there is a pause (probability ~15%), markets will likely interpret it as positive, and we will most likely see a reversal and growth📈
But despite all the current negative backdrop, I want to note that BTC is holding up very well—corrections are minimal.
Usually, with news like this, we would already have fallen into the abyss; now, though, we’re holding up fairly strongly🤝
Against this backdrop, the market dropped: September became a correction month, and I warned about this at the beginning of the month—September is historically the worst month for crypto.
But this evening we have a second, no less important event ahead: the FOMC meeting on the key interest rate.
If the rate is raised (probability 80–85%), I expect the downtrend to continue📉
If, however, there is a pause (probability ~15%), markets will likely interpret it as positive, and we will most likely see a reversal and growth📈
But despite all the current negative backdrop, I want to note that BTC is holding up very well—corrections are minimal.
Usually, with news like this, we would already have fallen into the abyss; now, though, we’re holding up fairly strongly🤝
