Will BTC Pump or Dump After the FOMC Drama?
The Fed's decision to pause rate hikes again has the market cautiously optimistic. BTC held firm above $97K despite the usual pre-FOMC jitters. So what's next?
1️⃣ 🧘 Calm After the Storm:
Jerome Powell hinted at a “wait and see” approach—no aggressive tightening ahead. That’s bullish fuel for risk assets like BTC.
2️⃣ 📈 Rate Cut Hopes in Play:
Whispers of possible rate cuts by Q3 have bulls licking their chops. Lower rates = cheaper capital = crypto inflows.
3️⃣ 📊 Technicals Stay Bullish:
BTC still sits in an upward channel. If it breaks $100K resistance with volume, we might see $110K+ within weeks.
4️⃣ 💸 Stablecoin Inflows Rise:
On-chain data shows more USDT moving to exchanges—typically a sign of buying pressure building.
5️⃣ 🫣 Watch CPI Next Week:
One caution: May's inflation report could wreck the mood. If CPI surprises, all bets are off.
---
What’s your call—pump or dump incoming? Drop your thoughts below!
