🚨 The Next FOMC Meeting is Just Hours Away ⏰
There's a 63% chance of a 50bps rate cut—the first since March 2020! 🔥
📈 The market is expecting a 50bps rate cut today, which is extremely bullish 🟢 for the market. However, all eyes will be on Powell's speech 🗣️.
⚠️ Key Scenarios to Watch:
• If Powell mentions any risks of a recession, the market could see a sharp decline 📉.
• If Powell emphasizes that everything is under control and that the Fed is ready for aggressive rate cuts, the crypto market could go parabolic 🚀.
Several major banks are already predicting a 1%-1.25% rate cut in 2024, and with rising global liquidity, this would inject massive liquidity into risk-on assets like Bitcoin and other cryptos 💰.
As I’ve said before, Q4 is shaping up to be incredibly bullish, and now all the pieces are falling into place perfectly! 🌟
Trade carefully, and get ready for what could be a game-changing market shift! 📊
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