#FOMCMeeting
🚨 FED WATCH: Will Interest Rates Stay at 23-Year Highs?
The FOMC meets May 6–7, and here’s what every trader should be tracking:
🔹 Rates Expected to Hold steady at 5.25%–5.50% (no shift since March)
🔹 March Outlook: Fed paused hikes, projected 3 cuts for 2024
🔹 Eyes on Dot Plot & Inflation – Will the Fed hint at earlier easing or stay hawkish?
Why it matters:
A dovish tone could spark upside in Bitcoin and risk assets
A hawkish tone = potential short-term dip
Key Drivers:
✅ Inflation still above target
✅ Strong economy reduces pressure for rate cuts
✅ Historically, Fed cuts = crypto bullish
What to Watch For:
Fed Statement: Any revisions to the 2024 outlook?
Powell's Presser: Hints about timing or pace of cuts?
Trade Setup:
Dovish Fed? Altcoin breakout potential
Hawkish Fed? Prepare for short-term weakness
Your Turn:
→ Will the Fed hold firm or hint at easing?
→ Is BTC still the best hedge in this macro environment?
Drop your thoughts below!