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The FED cuts interest rates by 25 basis points, bringing them to 4.5% - 4.75%. Now send everything to the moon🚀
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❗️ ACCOMPANYING LETTER #FED ❗️ The Fed predicts only two rate cuts in 2025. ❗️ Fed forecasts suggest a rate reduction of 50 basis points in 2025 and another 50 basis points in 2026. ▫️ The neutral rate forecast has been raised from 2.9% to 3.0%. ▫️ Economic activity continues to grow at a confident pace. ▫️ Labor market conditions have improved since the beginning of the year. ▫️ Unemployment has risen but remains low. ▫️ Inflation has approached the 2% target. ▫️ Risks related to the Fed's dual mandate (inflation/labor market) are balanced. ▫️ Economic prospects remain uncertain. ▫️ Further Fed monetary policy depends on macroeconomic data.
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So much panic, even though TOTAL2 is sitting comfortably ABOVE the real ATH of 2021. Enjoy the holiday season or use it to buy a few Altcoins cheaper (if you get the chance) so that you can sell them significantly higher in Q1 2025. 🎅🎇
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The peak for $BTC isn't even close. The Puell Multiple is such a powerful tool. With its help we're able to call the bottom of $BTC in 2022 and we'll also use it for the top. There is still a long way to go to the red zone. If you like posts like this, let me know🎯
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#Altcoins Something to keep in mind: In both bull markets 2016/2017 and 2020/2021, we saw a rather weak market over the Christmas period until around New Year's Eve. This would be the last chance to buy your fav. Altcoins before it gets completely crazy in Q1.
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Ethereum(ETH) Drops Below 3,700 USDT with a 6.14% Decrease in 24 Hours
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BNB Drops Below 690 USDT with a 4.92% Decrease in 24 Hours
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BNB Drops Below 700 USDT with a 4.05% Decrease in 24 Hours
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Bitcoin(BTC) Drops Below 102,000 USDT with a 4.33% Decrease in 24 Hours
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US Dollar Index Reaches New High Since November
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