đ¨ Big Day Ahead đ¨
Today marks the most significant FOMC meeting in the past four years.
Hereâs why đ
For the first time since March 2020, the Fed is expected to announce a rate cut.
The market is anticipating a 50 basis points (bps) rate cut, which is a strong bullish signal.
But the real focus will be on Powellâs speech.
If he mentions any recession risks, we could see the market take a hit.
However, if Powell reassures that things are stable and signals more aggressive rate cuts ahead, the crypto market could skyrocket.
Several major banks are predicting a 1%-1.25% rate cut in 2024.
Combine that with rising global liquidity, and we could see a flood of capital into risk-on assets like Bitcoin and crypto.
As Iâve mentioned before, Q4 is shaping up to be incredibly bullish, and all the pieces are falling into place.
$BTC $ETH #Token2049 FOMC #NeiroOnBinance #BinanceLaunchpoolHMSTR
