$BTC **FOMC** will meet from May 6 to 7, and here is what every trader needs to know:
🔹 Expected Interest Rates to Hold at 4.25%-4.50% (No change since March)
🔹 Last Decision (March 2024): Paused at 5.25%-5.50%, but signaled 3 rate cuts in 2024
🔹 Dot Plot & Inflation Watch: Will the Fed hint at cuts sooner or maintain an aggressive stance?
🔹 Market Impact: A dovish tilt could boost Bitcoin & risk assets🚀
Key Factors:
✅ Inflation (Still above the 2% target)
✅ Strong US Economy = Less Urgency for Cuts
✅ BTC Reaction? Historically, rate cuts = optimistic for crypto!
What's Next?
- Fed Statement Soon– Will they adjust the cut forecasts for 2024?
- Powell Press Conference– Any hints about future moves?
📌 Trading Setup: If the Fed appears dovish, expect **altcoin rallies**. If hawkish, short-term drop?
🔥 YOUR OPINION?
→ Will the Fed delay cuts, or is a crypto pump coming?*