LIVE🔴Urgent Market Update: Tomorrow Is The Most Important Day In Crypto🔴
Are You Ready for "BIG WEDNESDAY". Well guys what a day was yesterday as $BTC and the whole crypto market continued the dump even after the #BTC SPOT ETF Market opened. Tonight we will talk about why tomorrow could be one of the most important days in crypto for this year, along with the reason BTC dumped yesterday.
💥12th June 2024 Could be the Most Important Day for Crypto💥
After yesterday's dump we entered the state which is the calm before the storm. The market will remain red until tomorrow, the time FED will release the inflation data. This time, the Fed is serious about making a clear decision regarding whether to reduce interest rates or not, to the point that FED will publish the inflation news on the same day as the interest rate decision.
Guys tomorrow is the big day. 2 big scenarios might happen, & they are as follows:
🔴 Scenario 1️⃣
FED confirms high inflation and says that interest rates will not change this year. This will have a very negative effect on the market as a big sudden drop could happen down to $64,000 and even $60,000.
🪙 Scenario 2️⃣ (The Golden Scenario)
FED confirms inflation getting lower and decreases interest rates. This will be the spark that sends BTC to new all time highs, hence the bull market will officially start.
🔥 Now why did the Market Dump? 🔥
Well guys i will give you my opinion, i think the market makers and big whales dumped the market on purpose, the dump was made on purpose as they are trying to take as low position as they can to open their longs incase the news tomorrow was positive. This is why we saw the sell off at first followed by individual small holders selling out of fear.
🌿 Advice 🌿
I know most of you are in loss but don't forget that the good days will come, don't try to be smart and open risky futures position because you will lose your money. The market might dip more tonight.
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