The FED just had their FOMC meeting; I listened to it all, so you don't have to; here's what you need to know.
1. They have not changed their Y.E. interest rate projections for 2025 or 2026.
2. They did not change the interest rate at all today.
3. Jerome Powell hinted that the Fed might ignore possible tariff inflation, which is bullish because all the FUD can be ignored if the Fed ignores it.
So,
BTC is rallying because of point 3, but it technically has no legs because nothing has changed in points 1 and 2. There may be a sell-off sooner or later.
You can generally ignore the noise, but you may want to rotate out of some of your bags if they are not ideal in the long term (99% of them).
If you need more clarity on the above, my DMs are always open
@CoachCryptoJay
1. They have not changed their Y.E. interest rate projections for 2025 or 2026.
2. They did not change the interest rate at all today.
3. Jerome Powell hinted that the Fed might ignore possible tariff inflation, which is bullish because all the FUD can be ignored if the Fed ignores it.
So,
BTC is rallying because of point 3, but it technically has no legs because nothing has changed in points 1 and 2. There may be a sell-off sooner or later.You can generally ignore the noise, but you may want to rotate out of some of your bags if they are not ideal in the long term (99% of them).
If you need more clarity on the above, my DMs are always open
@CoachCryptoJay
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.