🌟 Crypto enthusiasts, brace yourselves! QCP Capital shares insights ahead of the Fed's last 2024 meeting tonight. Expect a 25bps rate cut, but the tone may be hawkish due to stable US inflation and a robust labor market.
- Despite festive vibes, liquidity is thinning, hinting at potential market volatility. Bitcoin's technicals show caution, forming an evening star pattern. 📉
- Bitcoin trades at $104,282, down 2.77%, amidst moderate ETF inflows. BlackRock leads with a $741M inflow, indicating strong institutional interest.
- Stay optimistic! 2025 might be a bullish year for crypto. Share your thoughts below! 💬