馃毃 Big Day Ahead 馃毃
Today marks the most significant FOMC meeting in the past four years.
Here鈥檚 why 馃憞
For the first time since March 2020, the Fed is expected to announce a rate cut.
The market is anticipating a 50 basis points (bps) rate cut, which is a strong bullish signal.
But the real focus will be on Powell鈥檚 speech.
If he mentions any recession risks, we could see the market take a hit.
However, if Powell reassures that things are stable and signals more aggressive rate cuts ahead, the crypto market could skyrocket.
Several major banks are predicting a 1%-1.25% rate cut in 2024.
Combine that with rising global liquidity, and we could see a flood of capital into risk-on assets like Bitcoin and crypto.
As I鈥檝e mentioned before, Q4 is shaping up to be incredibly bullish, and all the pieces are falling into place.
$BTC $ETH #Token2049 FOMC #NeiroOnBinance #BinanceLaunchpoolHMSTR
