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BIGBULL97
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FED RATE WILL CUT OR POWELL WILL BE FIRED ?
$BTC
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BIGBULL97
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Basically, nothing burger to inflation. - no rate cut - projection of another 2 rate cut until the end of the year - Powell is still assessing the effect on tariff - inflation is elevated However, FED is projecting a stagflation condition for base case until eoy. This factor is kind of worrying. My hypothesis is this will be good for $BTC considering it as the play for sound money. But, it could be bad for altcoins as it’s the highest risk beta play. It’s all actually have been anticipated as I previously predicted recession to come next year. But still, market is dynamic and it can change any time based on preferences of the macro-micro condition. I’m still digesting this current condition with my team and I’ll share the end idea here. Also, I’ll share my portofolio update here soon and our company’s action to the market on daily basis in The Alpha. Make sure to pin this channel to stay up-to-date. $BTC
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FED WILL CUT RATES TODAY ???
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$ETH
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Despite all the geopolitical tension going on, U.S. inflation remains insanely low. The last time it was this low, the Fed started cutting rates aggressively and $BTC rallied. This time is no different! $BTC
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A noob TA here, If $INIT can hold this psychological price ($0.5), we might see an upward movement. But, if $INIT fail to hold this level, we might see $0.3xxx soon enough. $0.3xxx mark is a fibonacci point. #INIT already lose the 1.618 price point and just from it, the chance to drop is bigger than the chance to bounce. Get ready, anon 🫂🫂 $INIT
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