What Will Happen in a Few Hours?
Let's make different scenarios:
Scenario 1: Market will go up if CPI/PPI/Federal Funds Rate are Down (BTC to above 70k)
Scenario 2: Market will go down if CPI/PPI/Federal Funds Rate are up (BTC back to 62k)
The outcome of the FOMC statement will undoubtedly shape market sentiment in the coming hours. Investors are on edge awaiting the Federal Open Market Committee's (FOMC) verdict. A hawkish tone could signal tightening monetary policy, prompting market turbulence and potential sell-offs. Conversely, a dovish tone might ignite a market rally as investors anticipate continued support and accommodative measures
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