Today, Bitcoin might drop to $55,000 after Federal Reserve Chair Jerome Powell's announcement, but it’s expected to rise sharply once the meeting ends. It’s likely we’ll see Bitcoin fall, followed by a strong rally, which could boost altcoins alongside Bitcoin.
There’s also news that gold could see a big crash today due to a potential interest rate cut. We might witness dramatic market movements, with Bitcoin possibly dipping to $55,000 or even $53,000 for a short time (an hour or two) before surging to $60,000 or $65,000. This could mark the start of new liquidity entering the market.
Today’s indicators point toward a market rally and a weakening dollar. However, there's a strong chance of a significant dip before a powerful upward move due to market pressure, so today is critical for both U.S. and global markets. Stay cautious.#Write2Earn! #BTC☀ #Write2Earn! #bitcoin☀️
