🚨 FOMC Day Update – March 19, 2025 🚨
BTC at ~$83,244 (+0.28%–1%) as markets stay cautious. Fear & Greed at 23, RSI at 44.05 = neutral momentum.
While BTC is trading below all significant EMs, 50 100 and 200, It has broken above the 21EMA which is bullish for the short term.
Fed likely to hold rates at 4.25%–4.50% (99% odds) – a surprise cut could ignite a BTC rally. Whale accumulation signals potential upside.
Sentiment data and whale accumulation hint towards a possible upside but only if FED surprises with a rate cut.
The current pump in the market will be short-lived if there's no change in the rates which is very likely.
So be careful with your longs and shorts.
Volatility will kill both bears and bulls.
You need to keep an eye on Powell’s 2:30 PM EST speech.
Inflation & liquidity outlook will shape BTC’s next move. Stay sharp!
I'll keep you updated.
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Thank you
#PEACE