FOMC day 1 and the script is already on screen: 90% are pricing in a HOLD (fed funds 3.75-4%), and the ugly part comes in December — 73% are calling for a 25 bps HIKE. CPI at 3.7% (hot) and Brent at 117USD amid the Iran/Strait of Hormuz drama. Warsh in the seat and no oxygen in the macro for anything.
$BTC lost 80K and then bounced back to 80.6K. Decision tomorrow, Wednesday, at 2PM ET, and alts are basically AFK until then.
I’m not touching anything pre-Fed. Cash is a valid position, and I’m not ashamed 🌚
TODAY’s verified sources (Yahoo Finance + Kiplinger live). Not financial advice.
#CryptoTrading #BinanceSquare #Altcoins #Bitcoin
$BTC lost 80K and then bounced back to 80.6K. Decision tomorrow, Wednesday, at 2PM ET, and alts are basically AFK until then.
I’m not touching anything pre-Fed. Cash is a valid position, and I’m not ashamed 🌚
TODAY’s verified sources (Yahoo Finance + Kiplinger live). Not financial advice.
#CryptoTrading #BinanceSquare #Altcoins #Bitcoin
