VOLATILITY at its PEAK!!! Reason ⬇️⬇️
Reminder: PCE data in just 5 hours!
A very important day for the market, as the Core PCE Price Index will determine the next direction for crypto ahead of the FOMC meeting next week.
Expectations: 0.2%
Previous reading: 0.2%
🔹 If the data comes in lower than expected:
This means a decrease in inflation → a reason for the Fed to lower interest rates → we might see an upward movement in crypto.
🔹 If it comes in higher than expected:
This means greater inflationary pressure → a possibility of a short-term drop before the Fed meeting.
Watch the market, today the movement could be strong! 🚀📊
