The U.S. Federal Reserve ( #FOMC ) will announce their decision on interest rates today. This is a big event that can affect the entire market — from Bitcoin and crypto to stocks, gold, and oil.
What’s Expected:
▪️ Fed is likely to keep interest rates the same (no change).
▪️ But the important part is what they say next — will they cut rates this year or not?
▪️ The Fed may only do 1 rate cut in 2024, which is less than before.
Why It Matters:
▪️ If the Fed sounds dovish (soft): Markets could go up — #Bitcoin may bounce above $110K.
▪️ If the Fed sounds hawkish (strict): Expect a drop — Bitcoin could dip to $100K or lower.
Crypto Market Now:
▪️ Bitcoin is around $105K, waiting for the Fed.
▪️ Many altcoins are quiet — waiting for a signal.
▪️ On-chain data shows short-term holders are selling; long-term holders are still holding strong.
Other Global Events:
▪️ Oil prices are rising due to tensions in the Middle East.
▪️ That means more inflation pressure — another reason the Fed may stay strict.
Our Strategy:
▪️ Be careful with leverage until the FOMC news is out.
▪️ Watch $BTC support at $102K–104K and resistance at $110K–112K.
▪️ Gold and stablecoins can be safe bets if market turns volatile.
The announcement comes at 2 PM ET (11:30 PM IST).
Stay sharp — today’s decision will set the tone for the next few weeks!
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