Picture, if you will, dear reader, a vast hall packed with nervous souls clutching newspapers and scrolling on their ghostly pocket mirrors (oh, how Gogol would snicker at those!). July 9—an ominous date—as the enigmatic scribblings of the Federal Reserve’s minutes flutter forth. And then, lurking at the end like an unwelcome tax inspector: July 30, with its grand FOMC spectacle.
Most sages of Wall Street, stoic as stone icons, expect no Fed mercy this month. Yet just as the midwife spies the first sign of birth, inflation appears to have tumbled—nay, plummeted!—from a dignified 2.27% to a rather bashful 1.70% in less than two weeks, all according to Truflation. Conveniently timed before the great CPI revelation of July 15. Should officials bow and confirm these numbers, oh, what a commotion! Market jesters may rip up their old parchments, dust off new predictions, and—why not?—shout for a surprise rate cut.
As for those traders, cocksure and quick with imaginary gold: 95% declare, “No, no, no, this month the Fed sits on its hands!” But perhaps—just perhaps—these august minutes of July 9 will conceal a wink or a nudge, some hint that the old guard tires of their vigil. Add a continued cool-down in inflation, and voilà, the September ball may see the first cut—if 61% of tea-leaf readers are to be trusted (never a safe bet!).
Meanwhile, in the shadowy bazaar of digital gold, Bitcoin sniffs the air like a stray dog outside the butcher’s. The 4-hour chart is all aflutter—a bullish pennant wagging in anticipation, as if nearly 5% gains (give or take a sneaky decimal) are about to break into song above $108,547. “A new all-time high!” the starry-eyed cry, pointing to $113,913 as if it were the moon itself. And the momentum oracles—RSI languishing at 51, and the Awesome Oscillator attempting to look busy—suggest the bears have misplaced their claws.
In short, should inflation miraculously take a swan dive and rumors of lower rates swirl like autumn leaves, Bitcoin may very well prance to new highs, emojis included. If not, prepare for a month of sideways wanderings more tedious than a bureaucrat’s ledger. Hold onto your hats—and wallets! 🚀📉🧐
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2025-07-08 19:48