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BIGBULL97
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FOMC this time : Basically nothing burger. Powell is just repeating his statement in previous meeting. Expectation was so high before the FOMC and market is now disappointed. This current drop is just an ordinary flush, bounce will follow up soon.
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Bounce will be phenomenal!$BTC
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BIG DAY TODAY: INFINITYHEDGE *US GDP Advance Q2: Est. 2.4% *BoC Rate Decision (Est. hold rates) *US Treasury QRA (what Bessent going to do?) *FOMC (rates to remain unchanged, Powell vs Trump in Press Conference, powell expected to win) Earnings: *META: capex, Superintelligence team update, potential open-source strategy change *Microsoft: capex, OpenAI partnership update, guidance *Robinhood: info on Crypto plans & integration *White House Crypto report on regulatory framework (not SBR) *Tornado Cash developer Roman Storm Trial *Ethereum’s 10th anniversary celebration ICYMI: *SEC Approved In-Kind Redemptions For BTC & ETH ETFs, EToro Plans to Tokenize Stocks on Ethereum, Samourai Wallet founders plan to change pleas to guilty, Potential 51% attack on Monero by Qubic, Plasma raised $373M in ICO, Interactive Brokers considering stablecoin integration & Kraken Aims To Raise $500M funding at $15B valuation
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Really big day today, expecting a lot of volatility & headlines A very smart decision to "sit this one out" if you dont have much experience daytrading also Tariff deadline coming up, NFPs and PCE
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#BTC is still stable at 117k after a lot of positive/negative catalysts. Which can move market now ? The imbalance of the Futures market. $BTC
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