🔷We are now entering the World Central Bank Week, and central banks of various countries have announced a new round of monetary policies, which are generally based on interest rate cuts. The interest rate decision announced by the Federal Reserve late tonight will have a huge impact on the crypto market.
🔶The previous value and the forecast value are both 5.50%. My personal analysis is that it is slightly lower than the forecast value or remains unchanged, which is bearish. Bitcoin is likely to fall back to around 63,400. [For reference only, not for investment]
♦️Note: If the index is higher than expected, it is bullish/bullish,
and if the index is lower than expected, it is bearish/bearish