The market's crashing, everyone's confused
I analyzed FOMC meeting and was shocked
Here's how US government manipulate you๐๐งต
We put a lot of research and work into this thread before reading it.๐ ๐จ
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ใ1
โ Two significant takeaways emerged from the latest FOMC meeting:
โ Interest rates were reduced by 25 bps (Great)
โ Powell ruled out the feasibility of a $BTC reserve (Awful)
โ Letโs analyze whatโs the truth and what's ahead for the market
ใ2
โ The 25 bps reduction in rates is an entirely positive development
โ It encourages greater crypto investments as it boosts profitability
โ The 2021 bull market emerged after similar rate reductions
ใ3
โ Powellโs statement about a $BTC reserve sent shockwaves through the market, causing $BTC to dip
โ He clarified that the Fed cannot hold $BTC and no legal adjustments are being considered
โ Does that mean there won't be? Let's get to the bottom of it
ใ4
โ The Fed operates as an independent agency, free from control by the President or Congress
โ That said, Congress retains the power to modify the laws governing the Fedโs actions
โ If needed, Trump could push for changes enabling the Fed to accumulate any assets including $BTC
ใ5
โ The Fed's main role regarding cryptocurrencies appears to center on how those assets might affect consumer and banking sector safety
โ "We regulate and supervise banks and we would want the interaction between the crypto business and the banks ... not to threaten the health and well-being of the banks" (c)
โ But he also noted at that time that when it comes to crypto assets, "we don't regulate it directly"
ใ6
โ Claudia Buch, the European Central Bankโs chief supervisor, highlighted risks in the crypto market
โ Including "excessive leverage, lack of transparency, and conflicts of interest," while monitoring banks' exposure to these assets
โ It gives much more space for Trump, as even with these delays, he's still gonna be first
ใ7
โ Will this dip be only temporarily? - ofc YES!
โ Two main factors of this is clear:
1. Target rates for 2025 will be reduced to 400 bps
2. World Liberty Financial hold $ETH and $WBTC for 65M
โ It means that this dip was emotional and cleared weak hands for new ATH
ใ8 Conclusion
โ On the one hand, staying on the sidelines is the safest bet
โ If youโre holding, avoid adding more exposure
โ But on the other, $277M in liquidations signal weak hands exiting
โ This shakeout may lead to a big pump soon
โ In any way 2025 will be the biggest bull run in history, and there's no big difference in January or March
Very Important ๐จ Please follow @Coinaute and ๐ฉทLike + Comment and โ Share #binance #MarketDownturn
