The timeline is divided into bearish and bullish sentiments โก๏ธ
๐ป Argument - Last time Fed did 50 bases points rate cuts, it pushed the world into 2008 recession ๐
๐ Bull Argument - Market conditions doesnโt only rely on Fed rate cuts but other geo-political factors as well.
- In 2021 we had similar expectations of a market meltdown instead timely rate cuts led to a never anticipated bull market.
- In 9 months, more than 1,000,000 $BTC has been purchased by new players.
- Numerous bullish events; US elections, CZ release, SEC approved options for BlackRock's spot #Bitcoin ETF, ahead.
- September closing in green indicates a much awaited crypto rally in Q4.
- HODL your positions. You canโt give up coming this close !
What do you think where will the market move ?