As we are now less than 24 hours away from the Federal Reserve’s interest rate decision, Bitcoin is still fluctuating within the same range. Remember, this is the one macro event that will determine whether we break through this resistance and rally to $100,000, or hit new lows around the $75,000 area. Essentially, Powell is about to either pump your “altcoins” or have you eating instant noodles for the next two months.
I always tell people that the uncertainty doesn’t come from the rate cut itself being a surprise, but from tomorrow’s dot plot and Powell’s press conference, which will be the
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