๐จ U.S. BITCOIN RESERVE CANCELED ๐จ
FOMC isnโt allowed to hold $BTC anymore!
I did an in-depth analysis, and the results are shocking... ๐คฏ
Get ready for turbulence ahead, with a potential dip below $60k. ๐งต๐
๐ Key Updates from Todayโs FOMC Meeting:
1๏ธโฃ GOOD NEWS: The Fed lowered interest rates by 25 bps โ
Encourages more investment in crypto.
Similar rate cuts in 2021 fueled the legendary bull run. ๐
2๏ธโฃ BAD NEWS: Powellโs shocking comment:
The Fed cannot hold $BTC and no legislative changes are planned to make this feasible. โ
๐ค What Does This Mean? Letโs Dive In:
1. Rate Cuts:
Lower rates = investors shift toward high-growth assets like crypto.
Historically, such moves drive major bullish momentum.
2. Bitcoin Reserve Block:
Powell clarified that the Fed, as an independent agency, is not authorized to hold $BTC.
Congressional action would be required to amend Fed regulations.
๐ก Could Congress change this?
Yes, with a decisive push from leadership like Trump.
๐ Why the U.S. Needs a $BTC Reserve:
๐ The U.S. dollarโs global dominance is eroding.
๐ National debt is at record highs.
๐ Hedging with $BTC could secure a strong position in the digital economy.
๐ What Happened to the Market?
Powellโs comments triggered a massive $277M liquidation wave. ๐
The market is targeting weak hands in a typical shakeout before the next pump. ๐ช
Reminder: This feels like the 18k->48k $BTC moves earlier this cycle:
1๏ธโฃ Pump
2๏ธโฃ Consolidation
3๏ธโฃ Upward breakout
4๏ธโฃ ~20% correction
๐ ๏ธ My Strategy:
Spot Positions: Holding firm ๐๐
Market is cooling offโhealthy correction.
My target: $90k for $BTC soon, leading to new ATHs.
โก Final Take:
This is likely just another shakeout before major upside momentum. ๐ฅ
Stay calm and trust the process. ๐
Are you ready for the next big move? Letโs discuss in the comments! ๐