Market Update!
Low volumes & all eyes on Wednesday's monetary policy decision! 99% chance of no rate cuts, but markets will likely price it in, potentially causing a drop to 91k or 88k.
More crucial is Powell's economic projection speech, which could signal a looser policy stance & market bounceback.
Next week is packed with events:
- CPI print on Tuesday
- Fed's policy decision on Wednesday
- Powell's speech
I'm inclined towards the bullish side, but expect BTC.D to hit 67% & ETH to reach 0.016-0.017 before the potential drop.
Stay stable, stay informed!
