Powell signaled two major bullish factors:
1) The liquidity drain is ending, and
2) Rate cuts are set for next year.
This is the Bullish Double Tap we needed.
This transition from tightening to ease gives $BTC the Central Bank confirmation for its next major leg up. $BTC leading the charge means the risk-on trade is back on the table for $SOL and other high-beta plays.
So Get ready!
#FedPivot #BullishSetup #PowellRemarks #FedRateCutExpectations
1) The liquidity drain is ending, and
2) Rate cuts are set for next year.
This is the Bullish Double Tap we needed.
This transition from tightening to ease gives $BTC the Central Bank confirmation for its next major leg up. $BTC leading the charge means the risk-on trade is back on the table for $SOL and other high-beta plays.
So Get ready!
#FedPivot #BullishSetup #PowellRemarks #FedRateCutExpectations