⚖️ FOMC Meeting – May 7: Market on Edge Ahead of Powell’s Remarks
🚨 With a 94% probability of no rate hike, traders aren’t watching the decision — they’re watching how Powell says it.
📉 A hawkish tone could send BTC tumbling to the $91.5K–$92K range
📈 A dovish pivot may fuel a breakout toward the $100K milestone
💡 Current backdrop:
Core PCE inflation: 2.6%
Recession odds: 60%
Trump increases pressure for Fed rate cuts ahead of elections
🧐 All eyes on the Fed Chair. Will his words move the crypto markets?
