❓ Expectations for the next US Federal Reserve meeting.



We saw a 25 basis point cut in September. The next meeting is on October 29, and the results are already practically known. The market has priced in a 25 basis point cut with a 90% probability, and this probability will only increase as we get closer to the meeting.

We're expecting another rate cut, as Jerome Powell stated that two more rate cuts are highly likely this year, unless negative inflation and unemployment data are released (the US Federal Reserve's first and second rate decision mandates).

The market is starting to price in expectations, and we see $BTC steadily approaching $120,000, but it's unlikely to have the strength to break through $120,000.
BTC0.08%
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