As expected ahead of the FOMC rate cut, Bitcoin has surged above $115K, showing strong momentum into the event. The market looks set to keep pumping through today and overnight.
During the cut, expect a brief shakeout before a potential breakout — a $118,538 reclaim would unleash fireworks. 🎇 Meanwhile, gold is bleeding as expected, confirming the capital rotation into crypto and risk assets. 🩸
At the same time, Smart trader 0xc2a3, with a 100% win rate, just doubled down — adding more to his BTC longs and opening a 10x long on $SOL.
Current positions:
• 2,186.34 $BTC ($250.56M)
• 47,548.42 $ETH ($196.32M)
• 9,489.61 $SOL ($1.9M)
And now, Trump drops heat, saying “Powell will be out in a few months.”
Is he trying to pressure the Fed two meetings ahead? Will the Fed execute the 25bps cut tomorrow — or hold steady since markets already priced it in? 💭
#BinanceHODLerZKC #MarketPullback #WriteToEarnUpgrade #CPIWatch
