According to news on September 18, the US Federal Reserve will announce its interest rate decision at 2am Beijing time on Thursday. The market generally expects the first rate cut in four years to be made. However, it has not been determined yet. whether the rate cut will be 25bp or 50bp. The latest rate will also be announced at that time.
According to CME's FedWatch tool, the probability that the US Federal Reserve will cut interest rates by 50bp is currently 61%, while the probability that the US Federal Reserve will choose a rate cut of less than 25bp is 39%.
According to projections, if the 50bp cut is made, $BTC's recovery above 63k is expected soon.
How are you guys preparing, leave a comment on your views