#Sxp Formed Descending Channel In H4 Timeframe & Trying To | Kriptoloji a Binance Square-en

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Formed Descending Channel In H4 Timeframe & Trying To Clear It Once Got Cleared Bounce Will Be Epic Incase Of Breakout Expecting 80 - 85% Bullish Wave #crypto2023

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Fed has kept the interest rate steady at 5.50%. Jerome Powell spoke at a forum organized by the European Central Bank. Powell stated that significant progress had been made in reducing inflation towards the 2% target but emphasized that they would not rush to lower interest rates. He stressed the need to be confident that inflation was on a sustainable downward path before easing monetary policy. #US_Job_Market_Slowdown Powell highlighted the importance of maintaining a strong labor market and mentioned that an unexpected weakening could require a policy response. While he avoided giving a specific timeline for a potential rate cut in September, he noted that acting too soon could undermine efforts to control inflation, whereas acting too late could unnecessarily hinder economic growth. #Babylon_Mainnet_Launch Since March 2022, the #Fed has raised interest rates by more than five points and has kept them steady since July. Powell indicated that if economic data continues to be favorable, the Fed might consider easing policy restrictions later this year, but they need to gain more confidence in the sustainability of the inflation decline. $BTC

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The Federal Reserve #FED is set to announce its interest rate decision, with expectations that rates will remain unchanged. The statements made by FED Chairman Jerome Powell will be crucial, providing valuable insights into future economic policies for investors and economists alike. Key points expected in Powell’s address include: 1. Inflation Target: The FED remains committed to its 2% inflation target, which is vital for long-term price stability. 2. Interest Rate Cut Expectations: Decisions regarding future interest rate cuts will be based on incoming economic data. Powell is likely to emphasize the importance of monitoring inflation and economic growth indicators. 3.Labor Market: The U.S. labor market remains robust, supporting consumer spending and fostering economic growth. 4. Economic Health: The U.S. economy is performing well under current conditions. Powell may highlight steps being taken to ensure sustainable growth. #ETH_ETFs_Trading_Today The significance of Powell's speech lies in the potential signals regarding a possible rate cut in the next decision. Markets are positioned with the expectation of a rate cut, and positive signals from Powell could have favorable impacts on the markets. #Bitcoin_Coneference_2024 In conclusion, the FED's interest rate decision and Powell's statements will have far-reaching implications, not only for the U.S. economy but also for global markets. Market participants will be closely analyzing Powell’s words for clues about future economic policies.$BTC

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I noticed #Bitcoin isn't reaching new heights, so I decided to check it out myself. 🤣 See you at the top, folks! $BTC #Binance

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Today, there will likely be choppy price movements until the #FOMC press conference. On FOMC meeting days, the market is generally in a tense state as investors closely follow the interest rate decisions and economic assessments that emerge from the meeting. These evaluations provide significant clues about the future direction of the markets. #BTC Recently, fears of a recession, a period of economic contraction characterized by a significant decrease in economic activity and an increase in unemployment, have been growing. This situation has caused concern among investors. Market participants are looking for reassuring and comforting statements from #Powell , to alleviate these concerns. Powell's statements could be crucial in determining the short-term direction of the market. It is important to follow the markets calmly today, as volatility, meaning fluctuations in price movements, will increase. High volatility is usually observed before and after FOMC meetings. I wish everyone a good day 💐 $BTC

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Good morning everyone 😻 #Deai finally gained momentum, rising by 18% and breaking through the resistance zone. There's a significant surge barrier ahead now. Have you taken your position? 👀💪🏻$BTC $XRP

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