Market Expectations for Today’s FOMC Meeting: Impact of Rate Cuts📣
The majority in our community believes the Federal Reserve will announce a 50 basis point (BPS) interest rate cut at today’s FOMC meeting. Here’s how the market could react:
25 BPS Cut: If the Fed cuts rates by 25 BPS, we may see a short-term market pump, but overall sentiment could turn negative. This is because many in both the crypto and traditional markets expect a 50 BPS cut, and a smaller rate cut might disappoint everyone and leading to a market downturn.
50 BPS Cut: A 50 BPS rate cut is expected to trigger a bullish market reaction. While there could be some volatility due to high-leverage positions being liquidated, the long-term outlook remains positive with a strong upward trend.
Btc update Very good morning 😇 Now as expected guys btc closed above our zone that was 61500 and close above 61800 approx it's good 👍 now we'll wait 1-2 more days It has to stay above approx 3 days atleast. Now according to chart yesterday night I said if closed above yellow line then will see our targets yeah closed but retest failed that's why again trying to break above our yellow zone u can see on chart clearly 👍 After break above again successfully will see our targets 🎯
SOL /USDT Sol has found a good support around 121$ area. Price looks good to accumulate here in spot. 130$ to 120$ is a good zone to pick SOL in spot Keep an eye on it.
Bitcoin / USDT Price is facing resistance from 61600$ zone. A fall in price upto 60500$ can be seen. Expecting this small retracement in BTC. 60k is the zone where we will look for long position
BTC UPDATE 💸 23/06/24 Very good evening 😇 As you all know Btc trading above 64k and yesterday I said you all if breaks below 64k then will see another fall but it didn't happened because of weekend days. Now if tomorrow morning candle closed Below 63900 to 63400 previous day candle then will see dump till our zone. Now I have shared another chart in 1w analysis. you can see btc moving triangle as I said few days ago in 1d chart now btc trying to hit below level I have marked with 2 dot dot green line you can see on chart. We'll wait for this, currently selling pressure is high don't worry it will recover soon 🔥 Till trade safe use low leverage if you are taking Trades 👍 Thanks ! 😇
Btc update still again bounce back from exact 64k below red line. we'll wait for 1d close will see some move tomorrow on Monday in btc. Sending update with complete analysis wait for sometime 👍
Btc update still consolidating on Same support area at 64k 1d close above 64.2k above we have to see tomorrow how it close because you all know today is Sunday weekend so no good up and down moment ! ✅ But, guess what!! Premium members are printing in this consolidation zone even. ❤️💎
ETH / USDT 🔹Price is showing a symmetrical triangle formation in Daily 4hr time frame. 🔹Once we breakout from here and good move to upside upto 3700$ can be seen. 🔹For a good long entry wait for candle to close above the trendline then only we can plan for long. 🔹Keep an eye on it.
BTC FREE ANALYSIS 💸 22/06/24 Very good evening 😇 As you all know Btc trading above 64k and as you know also btc again trying to reclaim 64.5k and above but it's not happening currently. Now if tomorrow morning will close below 64k to 63.4k then will see another fall as mentioned also on chart yesterday bounce back from 63.4k currently trading above 64k. Now another bullish scenario it has to close above 65.5k in 1d but looks like this is low scenario because you all know currently selling pressure is high. One more important message for you all when ever FEAR & GREED INDEX comes down means approx 50-40 then you have to understand buying time has been come. Now according to another chart I have marked with dark blue arrow ⬆ that trend line touch is important for btc as i said few days ago we will long btc there. Till trade safe use low leverage if you are taking Trades by yourself 👍👍 Thanks !
Btc still on consolidating same area and retesting broken trend after breakdown previous 3rd candle low we can see again fall we'll update you more 👍 currently nothing good momentum in Market because of weekend !
Btc update As you all know Btc closed in 1d above 64k currently holding this area bounce back from below level now it can consolidate here for Some time. After break down 63.4k then will see again fall as said yesterday.
Spot Call 🚨 BTC / USDT Trade Type - Spot. Time Trade can take :- 3-4 months Entry Range 🎯 60,000 to 63,000 Targets 🎯 66,000 70,000 74,000 78,000 84,000 88,000 94,000 100,000 Please only invest in spot trade if you have patience. This Trade can take time of 3 to 4 months. But generate 63% profit safely 🔥 For Scalps & Signals, you can join our Premium Family. 📈
BTC UPDATE 💸 21/06/24 Very good evening As you all know Btc trading above 63.5k And you all know as said if btc will breakdown 64.5k then it will dump more now you can see. Now if we talk about current position of btc so it's taking support below our mentioned support black line and green zone below level. if it will breakdown in 1d then it will dump more till next green box support area. After btc good confirmation there we'll take long trades in alt coins in our premium group. We'll update you more soon 🔥 till trade safe use low leverage if you are taking Trades by yourself.👍 Thanks ! 😇