ex1duz

Title: The Fed just threw a curveball, and $BTC is already feeling the chop… 🚨📉📈

The US Federal Reserve just announced they are keeping interest rates paused at 3.50%-3.75%. Most of the market expected this, so you’d think it would be a quiet day.

It wasn’t.

Three Fed members—Beth M. Hammack, Neel Kashkari, and Lorie K. Logan—actually voted against the pause, pushing for a 1/4 percentage point rate hike instead. They are nervous about inflation staying above 2% and rising energy prices from Middle East tensions.

You can already see the uncertainty pricing in. Look at the ⁠$BTC⁠ chart attached: we just saw a massive sweep from $66,956 down to $57,800, and now we are caught chopping in the middle around $64,372.

My take: When you have strict financial goals to hit, this is not the environment to over-leverage and gamble. Choppy waters will liquidate greedy positions. The door is wide open for a hike in September, so unless you are running an automated grid bot to farm this specific range, protect your capital.

What’s your move? Are you buying this chop or sitting in stables until September?

Let me know below. 👇