$BTC Overall #FOMCAnalysis Outlook
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Greetings!
As You know today after 5 hours we have FOMC Meeting, Interest rate Decision & the press conference afterwards so it is most likely that there will be no cuts. (LT bearish Will share Rejection price as always accurate)
Guys just be focus on geopolitical & some economical fundamentals to make sure what impacts that we are going to have & then smartly Implement technically.
Most of the times I don't discuss fundamentals due to character limit & secondly I write & share my opinion on the basis of my economic understanding.
I don't Post Ai generated like other unqualified people are posting unrealistic Targets & approach.
ANYWAY!
As you know trump and Putin phone call lasted about 90 minutes focused on normalization & peace (Bullish) while on the other side Tesla vehicle set on fire in target attack at las Vegas service center.
Gas prices dropped fourth consecutive week reaching 4 Years Low (Bearish) while on the other side Gold has just been continuing to skyrocket. (Bullish)
So if you evaluate Recent Poll on poly market which shows 40% chances that we will see a cease fire between Ukraine and Russia & 41% chance of recession. (Bullish)
Which simply means people are losing their jobs & leads it to positive money flow. (Bullish)
In 2024, a Poll showed that whopping 56% American thought that US was in a Recession.
So simple is that skyrocketing gold corresponding inflation will be higher and economic instability won't take a brake until the Gold Rejects.
So as always I will share technical Details right after FOMC, if you are new check out the accuracy which will help you always.
Key Levels are 82,800 to 85,990😉 do little hard work.
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