Jiang Zhuoer Expects Market to Fall Then Rise After Fed Decision, Bitcoin May Test $84,000
Source：
x.com
Odaily News: Jiang Zhuoer, founder of Lelight Mining Pool (B.TOP), posted on X platform that at 2:00 AM Beijing time on September 17, the Federal Reserve will announce its interest rate decision. Based on 30-day federal funds futures prices, the probability of a 25 basis point rate hike is approximately 92%, and the target rate range is expected to be raised from 3.50%–3.75% to 3.75%–4.00%.He expects that after the rate decision and dot plot are released, the market may decline in the short term, and then Fed Chair Kevin Warsh's speech may signal a dovish stance and drive the market to recover. Bitcoin may first fall below $75,000, then rebound to $83,000–$84,000, followed by a relatively significant correction.
