📊 Bitcoin Traders Eye Fed Dot Plot — Not Just Rate Decision 🏛️💥
The Fed is expected to hold rates steady (4.25%-4.50%) this Wednesday at 2 p.m. EDT. But crypto traders aren’t watching the decision — they’re zooming in on the dot plot, the key data showing Fed officials' rate cut projections. 👀📉
💬 A hawkish plot (fewer cuts) could strengthen the "higher-for-longer" narrative, pressure BTC, and increase U.S. debt servicing costs.
📈 A dovish surprise? Could boost crypto and weaken the dollar.
100K and global tensions rising, patience rules until Powell speaks. ⏳⚖️
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