✨Federal Reserve Chairman Powell speaks, the battle of the sleepless night!


At 3 AM tonight (March 20, 02:00), the Federal Reserve will announce its interest rate decision, with an expected value of 4.5%, unchanged from the previous value.
Data shows that the probability of the Federal Reserve maintaining the current interest rate unchanged until March is 99%, and the probability of a 25 basis point rate cut is 1%.
The interest rate decision this time is not expected to have too much impact on Bitcoin, with the focus still on Powell's stance. If hawkish, BTC may fall below the $80,000 mark; if dovish signals are released, Bitcoin may challenge the $90,000 resistance level.
Against the backdrop of rising economic uncertainty, the Federal Reserve may prioritize "patience over panic," assessing the balance between slowing economic growth and persistent inflationary pressures while keeping interest rates stable. While the market has speculated on the timing of potential rate cuts, policymakers may reiterate a data-driven approach, emphasizing the need for further clarity on the economic outlook before making any policy shifts. Investors should closely monitor the remarks of Fed Chairman Powell to understand how the Fed views the evolving risks, including supply disruptions, labor market resilience, and geopolitical uncertainties.
The market fluctuates significantly before and after data is released, please ensure proper risk management!
BTC2,96%
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