Hello Guys,
There are big moves being done today. Fed will brake down their balance sheet proposal in order to move forward in the economy. Basically, if there isn't any good outcome or enough trust; investors will start pulling their money out from the stock market and it may be 10% to 20% drop in the next couple of days.
If they "lie" about the condition of the economy, we will see an increase on the the market to push it over 23,000 points, which will prolong the upcoming economic crash; eventually, the upcoming crash will be harder and harder to survive if the keep it going this way again and again.
What's gonna happen with cryptos?
Crypto currencies are here to stay. Unless they take down the internet or cut the power, we will have them. I believe there may be a panic in both sides (market and cryptos) if the Fed doesn't deliver the necessary trust for investors. Cryptos may get hurt a little bit, but a boost will come where it can take bitcoin over $7,000, so buckle up!
What's gonna happen with Precious Metals?
Negative news will increase the value of them and positive news (lies) will lower the value or will hold the price.
Hope this helps to take your own decisions.
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Thank you.