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$BTC has once again bounced back right off the resistance line. #BTC tested the lows yesterday due to stress from the Fed. Today, however, inflation data came in better than expected, leading to a quick recovery. The monthly data was announced as 0%. Let's see what #Powell will say this evening. We'll wait and see. {spot}(BTCUSDT)

$BTC has once again bounced back right off the resistance line.

#BTC tested the lows yesterday due to stress from the Fed. Today, however, inflation data came in better than expected, leading to a quick recovery. The monthly data was announced as 0%. Let's see what #Powell will say this evening. We'll wait and see.

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ALL EYES ON AMERİCA 💫 Inflation Data Inflation Expectation: - Today at 15:30, annual inflation data in the US will be announced. Economists expect inflation to be at 3.4% annually. The inflation rate measures changes in consumer prices and provides important insights into the overall health of the economy. #BTC #FED 's Interest Rate Decision Interest Rate Expectation - The US Federal Reserve (FED) will announce its interest rate decision this evening. The FED is expected to keep its policy rate unchanged. This decision will be announced at 21:00. Press Conference: - FED Chairman Jerome Powell will hold a press conference at 21:30 following the interest rate decision. Powell's remarks may contain important clues about the markets and the economy. Opinions of Key Figures David Malpass's Views: - Former World Bank President David Malpass stated in a program that real interest rates are high enough. Malpass emphasized, "Real interest rates are high enough; we must acknowledge that inflation is driven by government policies and actions." Elizabeth Warren's Demands: - Senator Elizabeth Warren has called on the FED to cut the policy rate. Warren argues that high interest rates are harming the economy and that lower rates could stimulate economic growth. #Binance International Interest Rate Policies Other Countries: - This year, countries like Canada, Switzerland, and Mexico have cut interest rates. Additionally, the European Central Bank recently reduced its policy rate. These developments indicate a global trend towards lower interest rates. Today's Schedule - **15:30:** US annual inflation data will be announced. - **21:00:** FED's interest rate decision will be announced. - **21:30:** FED Chairman Jerome #Powell will hold a press conference. These events could lead to significant fluctuations in financial markets, including the cryptocurrency market. As markets are sensitive to inflation data and the FED's interest rate decision, investors and analysts will closely monitor these announcements.
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