šØ GUYS THIS IS BIG FOR $BTC DONāT IGNORE THIS.
The Fed just sent #crypto traders a warning. At Jackson Hole, Kevin Warsh sounded more hawkish than expected. The messageāInflation is still too high, and the Fed may need to keep policy tight for longer.
And the market immediately reacted š
š September rate-hike expectations jumped
š Treasury yields moved higher
šµ Dollar strengthened
BTC slipped from around $80K toward $78Kā$79K
But hereās where it gets interestingā¦āThe September hike is NOT confirmed.
The next #US data could completely change the picture.
ā US Jobs Data
ā CPI inflation
ā PCE inflation
ā Treasury yields
ā BTCās reaction around $78Kā$80K
If inflation stays hot + jobs remain strong ā #Fed stays hawkish ā BTC could see more downside. If inflation cools + labor data weakens ā hike expectations can disappear quickly ā BTC could get a strong relief move. š
Iām not panic-selling BTC, but Iām also not blindly chasing longs here. For me, $80K is the line in the sand. A strong reclaim and hold above $80K would bring buyers back into the picture.
Right now, the next big move may come from CPI & Jobs not from the charts alone.
September is about to get VERY interestingā¼ļø
Whatās your call? Letās see who gets it right
The Fed just sent #crypto traders a warning. At Jackson Hole, Kevin Warsh sounded more hawkish than expected. The messageāInflation is still too high, and the Fed may need to keep policy tight for longer.
And the market immediately reacted š
š September rate-hike expectations jumped
š Treasury yields moved higher
šµ Dollar strengthened
BTC slipped from around $80K toward $78Kā$79K
But hereās where it gets interestingā¦āThe September hike is NOT confirmed.
The next #US data could completely change the picture.
ā US Jobs Data
ā CPI inflation
ā PCE inflation
ā Treasury yields
ā BTCās reaction around $78Kā$80K
If inflation stays hot + jobs remain strong ā #Fed stays hawkish ā BTC could see more downside. If inflation cools + labor data weakens ā hike expectations can disappear quickly ā BTC could get a strong relief move. š
Iām not panic-selling BTC, but Iām also not blindly chasing longs here. For me, $80K is the line in the sand. A strong reclaim and hold above $80K would bring buyers back into the picture.
Right now, the next big move may come from CPI & Jobs not from the charts alone.
September is about to get VERY interestingā¼ļø
Whatās your call? Letās see who gets it right
š„ Fed hike ā BTC dumps
100%
š Fed holds ā BTC pumps
0%
1 Votes ⢠Vote fermé