Your Crypto Guy ๐Ÿ‡ฎ๐Ÿ‡ณ
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Your Crypto Guy ๐Ÿ‡ฎ๐Ÿ‡ณ
Btc.D
BTC.D has just hit 65% once again for the first time since Jan 2021.
If BTC dominance breaks its resistance, we will move toward the max pain level, which is at 71% and from the max 71% level, youโ€™ll likely see a major rejection in Bitcoin dominance but for that, you need to stay patient for now. The higher Bitcoin dominance goes, the sharper the drop will be.
Your Crypto Guy ๐Ÿ‡ฎ๐Ÿ‡ณ
โœ… Everything Is On The Lineโ€ฆ What Will They Do Next ! https://youtu.be/VgFpkWTy1F8
FOMC interest rate decision is coming in the next 8 hours. Market is expecting a rate pause letโ€™s see what the decision will be. Along with that, itโ€™s important for us to watch Powell speech. If the rate is paused and Powell speech is positive, things could remain stable for us. And Powell may talk about QE & QT today.
Do you think there could be a surprise rate cut?
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Leverage traders, stay cautious, next few hours could be wild ๐Ÿ“ˆ๐Ÿ“‰
Powellโ€™s speech in 28mins
Powell said he wonโ€™t cut rates unless Trump removes the tariffs.