#FOMCMeeting ๐ #FOMCMeeting: Will the Fed change the market tone?
The Fed meeting today is under scrutiny ๐
Markets are between two scenarios:
1๏ธโฃ Keeping interest rates steady with a hawkish tone
๐ธ This means the Fed is still concerned about inflation
๐ธ Potential pressure on risky assets (Crypto/Tech)
๐ธ Strength for the dollar and potential temporary weakness for cryptocurrencies
2๏ธโฃ Keeping rates steady with a dovish tone
๐น Support for the market and a boost for liquidity
๐น We might see a rebound in crypto
๐น Focus on upcoming inflation data ๐จ
The most important question:
๐ฌ Are we seeing the beginning of a gradual easing cycle or is there still tightness?
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โ ๏ธ Indicators we are monitoring today
โ Powell's statements are more important than the decision
โ Movements of the DXY dollar index
โ Gold + Bitcoin = Fear/Liquidity index
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๐ค Whatโs your prediction?
โฌ๏ธ In the comments:
๐ Hawkish
๐ Dovish
๐ Surprise gift for the market ๐๐ฅ
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๐ The upcoming scene for crypto will be determined today.. Prepare your analysis!
#Crypto #Bitcoin #MarketWatch #Fed #BTC
