𝗧𝗛𝗜𝗦 𝗪𝗘𝗘𝗞 𝗪𝗜𝗟𝗟 𝗕𝗘 𝗧𝗛𝗘 𝗠𝗢𝗦𝗧 𝗜𝗠𝗣𝗢𝗥𝗧𝗔𝗡𝗧 𝗙𝗢𝗥 𝗕𝗜𝗧𝗖𝗢𝗜𝗡 𝗔𝗡𝗗 𝗖𝗥𝗬𝗣𝗧𝗢 🚨
THERE ARE 2 MAJOR EVENTS TAKING PLACE THIS WEEK WHICH WILL DIRECTLY IMPACT YOUR CRYPTO PORTFOLIO
1) US ELECTION (6TH NOVEMBER)
THE US ELECTION HAS BECOME THE TALK OF THE TOWN
SO FAR, TRUMP IS TAKING THE LEAD ON SEVERAL BETTING PLATFORMS.
THE CRYPTO MARKET IS ALSO ANTICIPATING TRUMP'S WIN BECAUSE OF A FEW REASONS
- TRUMP HAS ANNOUNCED NOT TO SELL BTC SEIZED BY THE US GOVERNMENT
- HE'S ALSO PLANNING TO REMOVE CAPITAL GAIN TAXES (IT'S STILL A RUMOUR THOUGH).
IF TRUMP WINS, THE CRYPTO MARKET WILL ENTER THE BIGGEST BULL RUN
2) FOMC MEETING (7TH NOVEMBER)
FOR THE FIRST TIME SINCE 2022, MARKET IS LEAST FOCUSED ON FOMC MEETING
BUT THAT DOESN'T MEAN IT'S NOT IMPORTANT.
RIGHT NOW, THE MARKET IS PREDICTING A 99.7% PROBABILITY OF 25 BPS RATE CUT.
WHAT'S EVEN MORE BULLISH IS THAT INFLATION IS TRENDING DOWN SINCE ITS PEAK AND UNEMPLOYMENT IS BACK TO 4.1%
BOTH THESE THINGS COULD PUSH FED TO BE MORE DOVISH, WHICH WILL HELP CRYPTO MARKET REGAIN ITS BULLISH MOMENTUM.
SO MARK YOUR CALENDARS AS THIS WEEK IS GOING TO BE CRAZY.