Hey guys â Yaseen here, crypto trader đ
So yeah, Jerome Powell just dropped some fresh updates, and the market reacted real quick, especially crypto. Let me break it down in simple words đ
đŹ Hereâs what went down:
đ Interest rate pause confirmed (for now)
đȘ Bitcoin dipped a bit right after
đ Altcoins are showing mixed signals
đ§ Inflation is still âstickyâ â so expect more volatility
â ïž What this means for us crypto traders:
đč In the short-term: Expect choppy moves
đč For long-term: Watch out for big setups in Q4
đč The next FOMC minutes will be super important
đą Now hereâs the real question:
Do you trust Powellâs plan?
Or is crypto still the real hedge against fiat and inflation?
đ Let me know what you think â is Powell bullish or bearish for crypto?
đ BTC: 118,619.53 (+0.65%)
đ BNB: 765.60 (â0.19%)
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