-📉 $BTC Walking a Tightrope Ahead of FOMC 📈
Markets are on edge with low volume and all eyes on Wednesday’s Fed decision. While there’s a 99% chance we see no rate cuts, the focus will be on Powell’s economic projections — that’s where the real market mover lies.
🔻 Short-term outlook:
A pullback seems likely before or right after the meeting. I’m watching for a move toward the $91K–$88K zone. The market often reacts sharply to uncertainty, and we’ve got plenty of that this week.
🧠 Key Macro Triggers:
Fed Projections: If Powell hints at future policy easing, expect a bounce.
CPI Print Next Tuesday: Another critical moment — soft inflation data could further boost the bullish case.
📊 BTC Dominance (BTC.D):
I expect BTC.D to climb toward 67%, signaling altcoin underperformance short-term. This might set the stage for a rotation into alts after BTC stabilizes.
Still watching for a dip to the 0.016–0.017 range — which may align with BTC topping and ETH bottoming.
🟢 Overall Bias: Cautiously Bullish
Expecting some turbulence first, but if the Fed shows signs of loosening up later this year, the bulls could take control again soon.
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💬 What’s your game plan for the week? Are you buying the dip or waiting for confirmation?