The Federal Reserve's next interest rate decision is scheduled for May 6-7, 2025. Here's a brief overview ¹: - *Date:* May 6-7, 2025 - *Time in Pakistan:* 1:00 AM PKT on May 8, 2025 - *Fed Chair Press Conference:* 1:30 AM PKT on May 8, 2025
The decision will determine whether the central bank will raise, lower, or leave the current interest rate unchanged.
The Federal Reserve is expected to cut interest rates by 0.5% (50 basis points) in 2025, potentially bringing the rate to around 3.75%-4%. This aims to balance economic growth and inflation. #FedMeeting #FedRateDecisions
The US unemployment rate data for May 2025 is scheduled to be released on June 6, 2025, at 8:30 AM Eastern Time.
CYCLOPS-PK
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Data coming After 6 hours NFP data and Unemployment Rate Data is coming. 🛑🛑if Data comes Higher than expected then we will have a little upside move and then a possible move down after FOMO kicks in to trap the Bulls. 🛑🛑if Data comes lower than expected, then lower side liquidity will b taken which will be very good for the Market. i am expecting volatility as daata comes in weekend always trap investors and retailers boths. #BTC #MarketSentimentToday #data #NFP #UnemploymentRate
$BTC Feels like that whole dip phase might be wrapping up soon. BTC looks like it’s gearing up for something bigger. And if we break above that 88k–89k zone, then 93k could be the next stop.
So yeah, two things to keep in mind — one is, if BTC breaks and holds above 86k, we’re probably heading toward 88k–89k and maybe even 93k. The other is, if it gets rejected, we might dip to 82k or 81.5k before trying again. #BTCRebound
So BTC has already broken above that 84.1k resistance and is kinda chilling above it now, which is a good sign. Bulls are clearly showing some strength here.
Right now, we’re heading into the 85k–86k resistance zone. If BTC manages to give a solid close above this range, we might see a clean push toward that 88k–89k area.
But since we’re already so close to resistance, there’s always a chance of a little rejection too. If that happens, BTC might pull back toward 82k or maybe 81.5k — both of which are decent support zones and could give us a bounce.
Now if 81.5k doesn’t hold, then yeah, we could see a drop toward 78k, but honestly, with how the market's moving right now, that feels a bit unlikely.
Also, gotta keep an eye on the news too — that whole US-China tariff war thing is back and it can shake things up big time, so be alert. #TariffsPause #BinanceLaunchpoolWCT
So BTC is currently chilling around the 84k resistance zone. If it breaks above this level, there’s a good chance it’ll push up toward 88k. That’s the next major resistance I’m watching.
Weekly support is holding firm around $74K, offering a strong risk/reward entry area.
Bitcoin is forming a bullish continuation structure on the weekly chart. If confirmed with a close above $80,000, it could ignite a rally toward six-figure territory. Ideal for long-term swing positions or portfolio stacking.
$BTC Trump claims if China does not remove its 34% tariff by April 8, and the US imposes a 50% tariff starting April 9, it could have a significant impact on international trade. This decision could disrupt global supply chains, increase product prices, and escalate the trade war. It would also lead to higher uncertainty in global markets, particularly affecting stock and crypto prices.#TrumpTariffs #BTCvsMarkets #CryptoTariffDrop