FED Rate Cut Chances at 90% (Bullish News)

The next few days market will be more volatile because FED result is coming. It is expected that FED will be announced between 9-10 December. This news have huge impact on the crypto market and during that time market will be move volatile.

It is best for traders to avoid trading during these times because volatility is high and high risk of loss is there.

What is expected in the news? There are some good news for the market and that is rate will be cut by 0.25 basis point following the previous rate cut.

There is 90% chance that rate will cut and market will boost instantly. Maybe around 3-5% pump is expected. Surely this news have impace on other altcoins as well.

But it is not guaranteed that rate will cut. Anything can happen and we must be ready for every situation.

Its still uncertain that rate might not cut in Decemeber. Outcome depends heavily on economic data between now and the meeting.

Though many expect a cut, therefore, buying some at current price will be wise decision. No financial advice, do your own research.

What do you people think about this FED news? Will the rate cut and what is the impact on the market? Will be glad to see your answers in the comment section.

I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.

IMAGE TAKEN FROM PEAKDAI

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