$BTC $BTC The Fed hasn't announced the rate yet, but the longs' panties have already started to tear apart. The rate will be announced on the 18th, and we have 3 outcomes.
1 - If the rate is left unchanged, then we will fall downwards, simultaneously tearing off all the panties in its path.
2 - The rate is lowered by 0.25, we see an upward candle, and a slow fall.
3 - The rate is lowered by 0.5, we see an upward candle and we fall quickly.
The Fed itself does not want to lower the rate at all, I would say everything is happening under pressure from the public.
Against lowering, inflation, elections, military agenda, national debt, all in one way or another affect the already fragile economy.
The US should ideally not lower the rate, but raise it.
It's funny to watch how the economic situation in the US determines how quickly the panties will fly off the Longs. Notice how even 70k for BTC seems like a fantasy.
Dark times without panties await Longs.
The only way to earn money on Longs is to catch rollbacks, during a complete fall trend.
I won't be surprised if today or tomorrow the S&P 500 starts to fall, and pulls the market ahead of time. Hugged everyone :)