❗️ FOMC Meeting & Market Expectations ❗️
We’ve already seen a major shift in how Bitcoin reacts to news — even significant geopolitical updates (like ceasefire developments) had limited impact on price action.
Now all eyes are on the FOMC meeting (29th April).
At this point, a rate cut looks unlikely based on current macro indicators. The real volatility trigger will be Fed Chair Jerome Powell’s press conference — especially his tone around inflation and future monetary policy.
Market Context:
Bitcoin has been in a strong bearish/redistribution phase since October.
- Multiple sharp drawdowns
- Altcoins down 90–95% in many cases
- Overall sentiment shifted from hype to disbelief
This type of structure typically wipes out leverage, weak hands, and long-term FOMO participation.
Market makers don’t profit from direction alone — they profit from volatility, sentiment extremes, and crowd positioning. When retail is either overly greedy or completely sidelined, the real moves happen.
At this stage, the market has already done most of the damage. Further downside looks increasingly limited unless a major macro shock appears.
Outlook:
I still see potential for a recovery move toward the $85,000 zone.
DYOR. 📊
