Good morning☀️
For about two weeks, $BTC has been hovering around $105k and $ETH around $2,500.
Despite the news of war, these levels have been successfully maintained, and we have not seen a significant drop.
Today is an important day. The FED interest rate decision will be announced at 21:00, followed by the release of economic projections. At 21:30, Powell will hold a press conference.
There is a 99.9% probability that the rates will remain unchanged. The importance of this meeting lies in the economic projections. In the economic projections, we will be able to see the interest and inflation expectations of the FOMC members for the coming months.
This will provide us with significant insights into how prices may move in the coming months. It is very important to know whether rates will continue to decrease, and whether the increase in liquidity and the transition to monetary expansion will accelerate.
In the graph below, you can clearly see that the increase/decrease in liquidity moves in tandem with the Bitcoin price.
For this reason, we will closely follow the interest rate decision, economic projections, and statements from Powell and share them with you instantly, friends.
Wishing everyone a beautiful day and abundant profits.