A Positive Signal for Bitcoin? Gold Hits Record Highs!

Institutional Crypto Research Written by Experts

👇1-10) While the Fed's statement maintained flexibility and did not explicitly signal a September rate cut, Chair Powell's comments during the subsequent Q&A session hinted at the possibility, contingent on expected declines in inflation.

👇2-10) Previously, Powell indicated that the Fed would only commence rate cuts when there was sufficient clarity for multiple reductions. If the Fed proceeds with a cut in September, several additional cuts are likely to follow, providing substantial stimulus for financial markets, provided the economy remains stable.

👇3-10) The upcoming inflation report on August 14 is anticipated to show inflation falling below 3.0%, according to our model. We are entering a period from August to October when year-on-year inflation comparisons are expected to be favorable.

Bitcoin vs. Gold → Gold making new all-time highs… Bitcoin to follow?

Subscribe to Premium Membership to read the rest.

Become a paying subscriber of Premium Membership to get access to this post and other subscriber-only content.

Already a paying subscriber? Sign In

A subscription gets you:
Receive concise, unrivalled informative crypto trading strategy reports (2-4x per week).
In just 10 paragraphs, unraveling the complexities and market structure of crypto and its dynamic landscape.
Insights into the intersection of crypto, regulations, macroeconomic trends, and policy shifts.
Apply to join subscriber ONLY Telegram Group. (Please read our Terms and Conditions and Disclaimer @ www.10xResearch.co))