The market already dropped 2% with $BTC falling below $76,000, and the two events everyone is watching have not even happened yet.
That sinking feeling hits hard when you watch gains evaporate while waiting for news that could spark a rebound or trigger another selloff. Too many of us have bought the rumor only to get crushed by the actual comments.
Wednesday's Fed meeting is basically priced in at a 92% chance of a 25-bps hike. The Senate already voted 50-49 against cloture on the CLARITY Act. Neither of those is what will move the needle. I have sat through enough of these cycles to know the decision itself is rarely the story. It is what Kevin Warsh says afterward that traders should watch. Back in 2022, hawkish forward guidance turned a modest pullback into a full bear market for $BTC and $ETH . If officials signal more hikes are coming, risk assets could follow the same script. A hint of pause, and the relief could be just as sharp in the other direction.
Where do you think this goes once the comments hit?
#Bitcoin #FedDecision #Crypto
That sinking feeling hits hard when you watch gains evaporate while waiting for news that could spark a rebound or trigger another selloff. Too many of us have bought the rumor only to get crushed by the actual comments.
Wednesday's Fed meeting is basically priced in at a 92% chance of a 25-bps hike. The Senate already voted 50-49 against cloture on the CLARITY Act. Neither of those is what will move the needle. I have sat through enough of these cycles to know the decision itself is rarely the story. It is what Kevin Warsh says afterward that traders should watch. Back in 2022, hawkish forward guidance turned a modest pullback into a full bear market for $BTC and $ETH . If officials signal more hikes are coming, risk assets could follow the same script. A hint of pause, and the relief could be just as sharp in the other direction.
Where do you think this goes once the comments hit?
#Bitcoin #FedDecision #Crypto
