Seeing a clean 5-wave structure off the top? That usually signals more downside ahead. FOMC drops today—expect wild swings. My read: anything under a 50 basis point cut and we're heading south. Volatility's gonna be insane, so watch those candles closely.
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GrayscaleArbitrageur
· 12-10 11:55
Less than 50 basis points? Then we have to move down. This FOMC really needs to hold on tight.
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TokenTaxonomist
· 12-10 11:52
honestly the 5-wave taxonomy here is getting overfit to noise. data suggests yesterday's structure was probably just mean reversion playing out—let me pull up my spreadsheet real quick but statistically speaking, sub-50bps cuts don't guarantee directional bias the way people think. volatility's the real signal tho, agreed on that part
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LightningLady
· 12-10 11:49
It's the same old wave theory again; the FOMC really is the mirror that exposes the true nature of the crypto world.
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ruggedSoBadLMAO
· 12-10 11:31
A 50bp cut and it has to drop. This FOMC really might explode.
BTC/USD latest take:
Seeing a clean 5-wave structure off the top? That usually signals more downside ahead. FOMC drops today—expect wild swings. My read: anything under a 50 basis point cut and we're heading south. Volatility's gonna be insane, so watch those candles closely.