🚨 GET READY, THIS IS EXACTLY HOW THE MARKET WILL MOVE FOR THE NEXT 20-25 DAYS! 🚨
💔 August 4th Losses: I lost $790 from my spot wallet and $65 from futures. I sold some tokens at a loss, especially around 11am. Fortunately, altcoins fell by around 50% the next day. The biggest drop since 2022. I avoided further losses!
❌ Investment Decision: These events led me to decide not to invest in altcoins until the 20th of this month. Today is that day!
📉 FOMC Meeting and Interest Rates: No interest rates were cut at the last FOMC meeting, indicating that the market believes the dollar should strengthen. As a result, the dollar index started to rise and the crypto market is experiencing a major correction.
📈 Bull Market for the Next 20 Days: However, the 20 days leading up to this FOMC meeting are set to be very bullish as the market is correcting itself and the interest rate is almost certain to be cut at the next meeting in September. This is the right time to invest!
🚀 Meeting Day Forecast: On the day of the meeting, we will see that the price of most tokens has already risen significantly. When the interest rate is announced as 50 basis points, most people will think that this is super bullish news. However, this could turn into a “sell the news” event.
⚠️ Bitcoin and Altcoin Movements: Bitcoin could make a rapid rise and then fall, causing altcoins to lose value as well. However, this is likely to be temporary. In the long term, an interest rate cut is bullish.
💡 Prepare accordingly.
BULLISH TOKENS: $ARB $ZRO $OG #PowellAtJacksonHole #CryptoMarketMoves #altsesaon #BTC☀