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moonboyscrypto
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$QUICK breakout of downtrend done
Buy LIMIT 👉 $0.05489
Take Profit 👉 $0.12415
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What will happen AFTER the FED cuts interest rates? The markets have always reacted the same way 4-8 months after the FED cut interest rates. In most cases, a rate cut has been followed by a stock market crash if other economic factors were already negative or if investors anticipated more aggressive cuts, suggesting a worsening economic outlook. Interest rate cuts are generally intended to stimulate the economy, which can positively impact the stock market. However, the specific circumstances surrounding a rate cut and market reaction are complex.
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$BTC is bearish in the short term. Plan remains the same, HODL.
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FED leaves interest rates unchanged
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Bitcoin is looking bearish on the 4hr chart. If it dumps below $63,500 i will take a break of 7-14 days from the screens. Lets hope the FOMC will force the price back into the wedge. 👉 $BTC could as well dump to 53k as $ETH pumps .... MEANING THIS COULD BE THE START OF AN ALTCOIN SEASON.
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$BTC came close to hitting our target. Hit 70k before pullback
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