Gm fam, market is bleeding today and it’s going to be highly volatile throughout the day.
Today FED is gonna take decision on interest rate cut, 25 BPS cut is expected but because of recent rise in inflation there have been certain uncertainties in the market.
Bitcoin may reach probably $101K - $102K (New CME GAP) but expecting a Pullback with the same speed if Fomc announces a rate cut.
Expect market to bounce back quite well if Fomc announces a 25 BPS rate cut. But the whole it’s gonna be very volatile. Keep holding your current bag, don’t panic sell.
Today FED is gonna take decision on interest rate cut, 25 BPS cut is expected but because of recent rise in inflation there have been certain uncertainties in the market.
Bitcoin may reach probably $101K - $102K (New CME GAP) but expecting a Pullback with the same speed if Fomc announces a rate cut.
Expect market to bounce back quite well if Fomc announces a 25 BPS rate cut. But the whole it’s gonna be very volatile. Keep holding your current bag, don’t panic sell.