#Write2Earn!
$BTC breaks resistance 58k
US stock indexes have also reached the ATH zone again
Next week will continue to be an extremely volatile week when the most important financial event in recent times appears, which is the first interest rate cut by the FED!
The 0.5 reduction scenario is quite low in my opinion, however, if it is reduced by 0.5, people may call for recession - sell-off, so it is not necessarily good!
Coinwire expects a good scenario, the FED will reduce interest rates by 0.25 and then hint will pivot and there will continue to be many interest rate cuts in the future
If this scenario happens, after the news of the interest rate reduction, there will likely be a sell the news, but then there will be a strong recovery due to the bullish promises of the FED