The 🔥Fed meeting News:
Meeting ends April 29. GDP and PCE data drop
April 30. Two major macro events in 48 hours.
Powell's final press conference and fresh
growth and inflation data will set the tone for rate expectations.
Markets want cuts.
Any hawkish shift strengthens the dollar and pressures BTC.
Weak GDP or cooling PCE supports the rate cut narrative and risk-on flows.
BTC sits near 79,000.
Support is 74,000.
Resistance is 80,000.
The data will provide the catalyst for the next leg.
The macro tone for May is decided this week.$BTC
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