đš FOMC ALERT â Will Crypto Pump or Dump?
All eyes are on the Federal Reserve tonight! đ
đ° Key fundamentals:
đč US inflation climbed to 3.7% YoY in September, keeping inflation concerns alive.
đč Markets largely expect the Fed to hold rates at 3.75%â4.00%.
đč Bitcoin has rebounded above $81K ahead of the decision, but the next move may depend on the Fedâs tone regarding future rate hikes.
đ Bullish scenario: A less hawkish message could support BTC and altcoins.
đ Bearish scenario: Hawkish guidance could trigger volatility and renewed selling pressure.
The decision matters, but Powellâs successor Kevin Warshâs comments and the outlook for December may matter even more.
Whatâs your expectation: PUMP or DUMP? đ
Not financial advice. #FOMC #crypto #BTC
All eyes are on the Federal Reserve tonight! đ
đ° Key fundamentals:
đč US inflation climbed to 3.7% YoY in September, keeping inflation concerns alive.
đč Markets largely expect the Fed to hold rates at 3.75%â4.00%.
đč Bitcoin has rebounded above $81K ahead of the decision, but the next move may depend on the Fedâs tone regarding future rate hikes.
đ Bullish scenario: A less hawkish message could support BTC and altcoins.
đ Bearish scenario: Hawkish guidance could trigger volatility and renewed selling pressure.
The decision matters, but Powellâs successor Kevin Warshâs comments and the outlook for December may matter even more.
Whatâs your expectation: PUMP or DUMP? đ
Not financial advice. #FOMC #crypto #BTC