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NOW: Jerome Powell says there could be two additional cuts this year, totalling 50bps.
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🇺🇸FEDERAL RESERVE THIS WEEK: • FED INTEREST RATE DECISION (THURS. 2:00PM ET) • FED FOMC STATEMENT (THURS. 2:00PM ET) • FED CHAIR POWELL SPEAKS (THURS. 2:30PM ET) $DIA $SPY $QQQ $VIX
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Trump odds are mooning again. Now sitting at 61.3%. #USElections2024Countdown
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THERE IS NOW ONLY A 3% CHANCE THAT THE FED WILL CUT RATES BY 50 BPS THIS THURSDAY ACCORDING TO POLYMARKET
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Looking at #Bitcoin price vs. odds on Polymarket, #Bitcoin clearly favors the prospect of a Trump administration over an extension of the current one.
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🚨 Market Update: Bitcoin Volatility Ahead of U.S. Election 🚨 1️⃣ 🚀 Trump Win Could Send Bitcoin Soaring: A pro-crypto Trump win could lead to a massive price surge! 🤯 2️⃣ 📉 Recent Dip: Kamala's Gain?: The recent dip might be due to Kamala's gain, but Trump is currently leading 57.7% to 42.4% on Polymarket. 📊 3️⃣ 📈 CME Futures Gap on Monday: A potential gap on Monday could influence a short-term price push. Keep an eye out! 🕰️ 4️⃣ 📊 Bullish ETF Inflows: Recent ETF inflows hint at potential upside movement. This could be a bullish sign! 📈 5️⃣ 📆 Historical Election Patterns: Bitcoin often rallies post-election. We might still see a bullish Q4, regardless of the outcome! 📈 6️⃣ 📊 Weekly Close: Upside Movement Possible: A close above $67.5K means upside price movement is still possible. Fingers crossed! 🤞 7️⃣ 🚀 TA Bull Flag Breakout: A bull flag breakout and retest suggest strong upward potential if Trump's odds improve. 🚀 8️⃣ 🚀 Altseason is Coming: Get ready for #Altseason to follow! 🚀
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