đ Yesterday, the Fed cut its rates by 25 points. While this announcement is rather bullish for risky assets like Bitcoin, BTC then fell below $100,000 before recovering.
Here are some important points:
đ Fed thinks inflation should be higher than expected in 2025
đ The Fed plans to make 2 rate cuts in 2025, whereas they had planned 3 cuts
đ J. Powell (Fed Chairman) said the Fed will not be able to hold BTC and will not seek to hold it!
đ The market is therefore surprised regarding the rates and takes advantage of it to do a big clean-up with nearly $800 million in liquidations in 24 hours. As for the statement about Bitcoin, there is nothing new in all thisâŠ
đ Letâs not forget that Donald Trump will arrive in January and that the discourse regarding rate cuts could change in the coming months. We remain in a favorable environment for cryptocurrencies!#CorePCESignalsShift #USUALBullRun #BTCNextMove #USJoblessClaimsFall #GrayscaleSUITrust $BTC
