🚨 Here we are, the long-awaited date of the FED rate announcement.
👉 However, the main issue is not only a 0.25% or 0.50% drop, but above all the speech that will follow.
👉 If Jerome Powell mentions a risk of recession linked to this reduction, the market will react negatively.
👉 On the other hand, if he claims that the situation is under control and that further declines are to be expected, combined with an injection of liquidity after the US presidential elections and an increase in overall liquidity, we will see a bullish rally in the coming months.
#Bitcoin #btc ⏳
👉 However, the main issue is not only a 0.25% or 0.50% drop, but above all the speech that will follow.
👉 If Jerome Powell mentions a risk of recession linked to this reduction, the market will react negatively.
👉 On the other hand, if he claims that the situation is under control and that further declines are to be expected, combined with an injection of liquidity after the US presidential elections and an increase in overall liquidity, we will see a bullish rally in the coming months.
#Bitcoin #btc ⏳
3 months ago