There is very little time left for the FED interest rate decision!

As of now, the probability of a 50 bps cut is 55%, while the probability of a 25 bps cut seems 45%.

Normally, the probabilities would not be this close and we would have a clear idea about the interest rate decision.

Since the interest rate cut will be made for the first time in years in this meeting, the probabilities are very close and everyone is undecided.

On the other hand, the agenda will not only be the interest rate decision. In addition, this meeting has extra importance since the economic projection will be published.

Therefore, unlike other meetings, we cannot make a comment like "if there is this much discount, it will be positive, if there is this much, it will be negative" in this meeting.

If you are already planning to open a transaction according to the news flow, you should have a terminal such as Refinitiv or Bloomberg terminal that can transmit the news in milliseconds in order to take quick action on such days.

If you follow the news or transmit orders without using a terminal, you will be very late and in this process you will become the exit liquidity of Wall Street cannibals.

Therefore, we should focus on the long-term effects of the interest rate cut, economic projections and Powell's statements, not the short-term, and shape our portfolio accordingly.

I think the graph above will shed light on this issue. The detailed explanation of this graph is already in the profile, but to summarize briefly;

🔸If a negative result occurs, the price is likely to fall to the $52-49k range, and this range is a suitable level to buy.

🔹If a positive result occurs and a volume close above $60k, the price is likely to rise to the $69-74k range.

My personal opinion is that today's meeting will reflect extremely positively on the price in the long term, regardless of the short term.

Therefore, I continue to hold my spot Bitcoins, I will add if the $60k resistance is broken or the price falls to the $52-49k range. Other than that, I do not plan to make any changes.

I will share current data before the interest rate decision and share economic projections with you instantly at the time of the decision, my friends.