Ualifi Araújo
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Bullish
GOOD MORNING!
Another day in the land of #BTC and now with it above $92K, it's a good place to wait for Powell.
We have just over 5 hours until the interest rate cut and Powell's press conference, so expect some volatility.
This type of event is always unpredictable, but still, I think we will cut it by 0.25Bps, but what matters is the press conference right after that, so that's where we should pay attention; there's no point in getting too caught up in speech expectations, since we know the problems Powell has with his speeches. So, if you are using leverage, be careful.
The charts may surprise positively today, let's wait and see how it goes! 💛🚀
Another day in the land of #BTC and now with it above $92K, it's a good place to wait for Powell.
We have just over 5 hours until the interest rate cut and Powell's press conference, so expect some volatility.
This type of event is always unpredictable, but still, I think we will cut it by 0.25Bps, but what matters is the press conference right after that, so that's where we should pay attention; there's no point in getting too caught up in speech expectations, since we know the problems Powell has with his speeches. So, if you are using leverage, be careful.
The charts may surprise positively today, let's wait and see how it goes! 💛🚀
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