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if starts, will it impact the crypto market?
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$btc&Altseason: market turns GREEN. . . Alhamdulillah❤
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now looks fine👍
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#JeromePowellTheRealDummy JUST IN: 🇺🇸 President Trump says Fed Chair Jerome Powell is a "real dummy who's costing America billions." "Powell should cut rates or quit."
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#FOMC: Market show its real value after 1 to 2 hours from now. . . hope for bullish.... fingure crossed🤞
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#FOMC Outcomes: The recent news about the Federal Reserve's decision to hold interest rates steady at 4.25%-4.50% is likely to have a positive impact on the crypto market. Here's why ¹: - *Interest Rate Stability*: Keeping interest rates unchanged can lead to a more stable financial environment, making cryptocurrencies more attractive to investors. - *Potential Rate Cuts*: The Fed's projection of two quarter-point rate cuts in 2025 could lead to increased liquidity in the market, potentially driving up crypto prices. - *Technical Indicators*: Bitcoin's current price movement indicates a sequence of higher lows and lower highs forming a symmetrical triangle, which suggests a breakout is imminent. *Key Factors to Watch:* - *FOMC Meeting Outcome*: The outcome of the meeting could determine the next big move for Bitcoin. - *Geopolitical Tensions*: A de-escalation in geopolitical risk could lead to a positive market reaction. - *Fed Chair's Statement*: Fed Chair Jerome Powell's tone and language will be crucial in providing indications of future monetary policy. Given these factors, the current situation seems *bullish* for crypto, with potential targets of $115,000-$120,000 if the breakout occurs. However, a hawkish stance from Powell could drive Bitcoin to critical support areas of $90,000-$93,000
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