$BTC traders: the Fed meeting starts TODAY. Here's your FOMC cheat sheet 🏛️
📅 Meeting: Oct 27-28
⏰ Decision: Wednesday Oct 28, 18:00 UTC
🎤 Press conference: 18:30 UTC with Chair Kevin Warsh
📊 Market odds: around 86% for NO change
Why it matters for crypto:
• A hold is mostly priced in. The real move comes from the press conference tone
• Hawkish (talk of hikes, sticky inflation) → risk-off, alts bleed first
• Dovish (cuts back on the table) → fuel for a breakout
Where we stand going in:
• $BTC 80,650, squeezed between 79,500 and 81,100
• $ETH 2,347, stuck under 2,375 (EMA 50)
Compressed ranges + a macro catalyst = expect a sharp move Wednesday evening. Wicks both ways are likely, so watch your leverage.
Hawkish or dovish Warsh? 👇
NFA
#FOMCWatch #FederalReserve #Bitcoin
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📅 Meeting: Oct 27-28
⏰ Decision: Wednesday Oct 28, 18:00 UTC
🎤 Press conference: 18:30 UTC with Chair Kevin Warsh
📊 Market odds: around 86% for NO change
Why it matters for crypto:
• A hold is mostly priced in. The real move comes from the press conference tone
• Hawkish (talk of hikes, sticky inflation) → risk-off, alts bleed first
• Dovish (cuts back on the table) → fuel for a breakout
Where we stand going in:
• $BTC 80,650, squeezed between 79,500 and 81,100
• $ETH 2,347, stuck under 2,375 (EMA 50)
Compressed ranges + a macro catalyst = expect a sharp move Wednesday evening. Wicks both ways are likely, so watch your leverage.
Hawkish or dovish Warsh? 👇
NFA
#FOMCWatch #FederalReserve #Bitcoin
No Binance account yet? Get 20% of your trading fees back 👉 Sign up on Binance