With inflation falling to 2.8%, it is seen as a bullish news and markets are pumping the news but the FOMC is still to be held on March 19 and will largely determine the direction of the market for the foreseeable future and the likelihood of a rate is cut is very thin.
In my personal opinion FED is gonna keep the rates as such and not cut them and let inflation fall to atleast 2 % and then start cutting in June and also end quantitive tightening.
If this scenario plays out, market is gonna go way lower and retest previos supports of btc 66k and maybe even lower.
#MasterTheMarket #USTariffs #MarketRebound #CryptoCPIWatch #Inflation
