Next weeks FED meeting will show us the upcoming direction of the markets. Either way, it will be very volatile.

On September 21st we will have the next FOMC meeting of September. A very anticipated one as we had a break in August which was also a reason for our brief relief rally to over $25k. Now we are back on our usual plan and markets, just seem as excited as ever about this.

Especially after last week's Inflation data coming in above estimates, showing that inflation is still running at higher rates than expected, the FED will now have all arguements to make a 75bps hike again. This also also the most probable scenario and the only one right now, everything else would be a surprise for the markets.

Obviously it's already priced in now after last week seeing stock markets and crypto dump with Bitcoin going back to the $19k range again after a short squeeze above $22k. Now this meeting could cause further downside depending on the words of Jerome Powell once again. Either way, expected a lot of volatility...