blogtienso
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90% chance BTC will drop after the Fed cuts interest rates – and here is the reason
You should really stay calm — don't use high leverage, and don't have too many expectations. The greater the expectation, the greater the disappointment. The whole market is shouting 'pump after the Fed cuts rates', but the current setup does not support that at all.
Interest rates have been almost fully price-in by the market, leverage is as tight as a guitar string, and ETF inflows are continuously withdrawing. When most traders have already gone long ahead of the event… where do new buyers come from to push the price up?
Interest rates have been almost fully price-in by the market, leverage is as tight as a guitar string, and ETF inflows are continuously withdrawing. When most traders have already gone long ahead of the event… where do new buyers come from to push the price up?
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