$BTC UPDATE - H2 | M30
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The Federal Reserve has not changed its stance on rate cuts, and Powell explicitly did not mention how many rate cuts are expected this year. The market expects three rate cuts—in July, September, and December.
BTC rallied, as there were no surprises from the Fed, and reached 99.6k during the EU session.
For today's NY session, the trade idea is: if BTC finds support at the H4 FVG at 98.6k, a long scalp can be attempted toward today's high and 100k.
