BREAKING 🚨 🇺🇸 US inflation falls to 2.5%, lower than exp | Crypto Kick on Binance Square

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BREAKING 🚨 🇺🇸 US inflation falls to 2.5%, lower than expectations.
What are your thoughts on this ?
Shocking for $BTC or relief ?

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🚨Key Points from Fed Chairman Powell's Speech: The economy is generally strong. The labor market has moved from overheating to a normal state. Inflation has significantly decreased since August. The Fed is focused on its targets, reflecting confidence in the labor market. A patient approach has yielded positive results. Consumer spending remains robust. Expectation of continued strong GDP growth. Inflation has dropped from its peak to around 2%, but is still above the target. Labor market conditions are less tight than pre-pandemic levels. Rate cuts are 50 BPS Overall, Powell conveys a positive outlook with no indication of a recession. $BTC

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💣Breaking News: Fed Cuts Rates by 50bps to 5% Everyone expecting the same what's new ? Market already priced in for 50bps. The Federal Reserve has reduced interest rates by 50 basis points, now at 5%, a move widely anticipated by the market. This could increase demand for riskier assets like Bitcoin (BTC). However, given that the cut was expected, immediate market reactions may be muted. Stay tuned for further updates on BTC's performance. $BTC

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Donald Trump updates: FBI probing ‘assassination attempt’ at golf course

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Hello CT, I hope you're all doing well. I was away on holiday for a few days, but I'm back now and ready to resume our daily updates. We'll be diving into exciting developments with the market, including daily, hourly, and weekly candle analyses. BTC is in a particularly thrilling phase right now, and its recent capitulation has been remarkable. Tomorrow, I'll provide a detailed report on the market and our trading plans. Stay tuned for more insights! $BTC Best, Crypto Kick

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Seeing the previous Weekly close, the candle gives the whole move back, almost a 200 days ranging period, and even at this point we have 80% longs activation already, keep in mind this 54k was the cruicial zone many were waiting for, but this slow bleeds is not my thing, I would have taken if it dips sharply. According to my previous posts major liquidity is under 50k will decide and dca under that zone after the reaction from that zone. $BTC

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