FOMC is going to be interesting this time. The market is already expecting a 25bp hike, but for me the bigger question is what the Fed says after the decision.
A rate hike could create some short-term pressure on BTC and tech stocks, while gold may also react strongly depending on yields and the dollar.
I’m not planning to jump into a trade just because of the announcement. I’d rather wait for the initial volatility to settle and then look for confirmation.
For me, capital protection comes first. If the setup isn’t clear, staying out is also a trade.
#FedRateWatch #fomc #BTC #Bitcoin #Gold #Trading
A rate hike could create some short-term pressure on BTC and tech stocks, while gold may also react strongly depending on yields and the dollar.
I’m not planning to jump into a trade just because of the announcement. I’d rather wait for the initial volatility to settle and then look for confirmation.
For me, capital protection comes first. If the setup isn’t clear, staying out is also a trade.
#FedRateWatch #fomc #BTC #Bitcoin #Gold #Trading