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Deepak_XBT
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🚨 BITCOIN FACES A MAJOR FED CATALYST 🚨
$BTC is trading around $75.7K–$75.9K after coming under renewed selling pressure. The failed Senate vote on the CLARITY Act has added to the uncertainty.
Now the focus is on the Federal Reserve.
📌 Markets are pricing roughly a 90%+ chance of a 25 bps hike, which would take rates to 3.75%–4.00%.
But the bigger catalyst may be Fed Chair Kevin Warsh’s guidance on future hikes.
⚠️ A hawkish outlook could keep pressure on BTC, while a less-hawkish message could shift attention toward a weaker dollar.
$BTC is at a critical decision point. 👀
What will matter more: the rate hike or Warsh’s guidance?
$BTC is trading around $75.7K–$75.9K after coming under renewed selling pressure. The failed Senate vote on the CLARITY Act has added to the uncertainty.
Now the focus is on the Federal Reserve.
📌 Markets are pricing roughly a 90%+ chance of a 25 bps hike, which would take rates to 3.75%–4.00%.
But the bigger catalyst may be Fed Chair Kevin Warsh’s guidance on future hikes.
⚠️ A hawkish outlook could keep pressure on BTC, while a less-hawkish message could shift attention toward a weaker dollar.
$BTC is at a critical decision point. 👀
What will matter more: the rate hike or Warsh’s guidance?
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