Bitcoin has broken through the $58k resistance level, and U.S. stock indexes have reached new all-time highs.

Next week promises extreme volatility with the highly anticipated Federal Reserve interest rate cut. Although a 0.5% reduction seems unlikely and could prompt recession fears and market sell-offs, a more modest 0.25% cut might signal future rate reductions.

In this scenario, we could see an initial "sell the news" reaction after the rate cut, followed by a strong recovery fueled by the Fed's optimistic outlook and commitment to further cuts.