Last night after the FED meeting on interest rates, we saw that, as in all previous forecasts, the FED kept the interest rate unchanged at the basic level of 4.25-4.5%.
And the interest rate forecast according to the Fed's Dot Plot for 2025 shows that there will be 2 rate cuts in 2025, 1 in 2026, and 1 in 2027, each by 0.25%.
So in 2025, there is still hope for 2 cuts in the last 6 months of the year. This gives everyone a chance to get through the financial crisis 😂😂.
BTC basically did not react much to the information above, remaining sideways around the 104-106k$ range. As for altcoins, it's still the same, a fitting term is 'crushed'.
With BTC moving sideways like this, the best thing to do is to sit still and do nothing, guys!