šŸ™‚ 64% Of Bitcoin Sentiment Is Bullish... But For How Long?

Plus, Tom Lee predicts a 'monster move'.

Happy Tuesday!

Bitcoin is seeing fairly bullish sentiment (64% positive comments), but the Federal Reserve interest rate decision tomorrow could change that: here’s how.

Tom Lee, however, is not afraid of that and predicts a ā€œmonster moveā€ for BTC and ETH in Q4: what does he mean by that?

Plus, Tom Gentile used statistical probability to generate over $20,600 in gains this year with a perfect track record, and tomorrow at 6 p.m. ET, he’s sharing his methodology with you. Check out our free live event to learn how to use Tom’s approach and BE the house.

TOP STORY

Bitcoin is hovering around $115,000 one day ahead of the much-anticipated interest rate decision by the Federal Reserve.

Santiment data on Tuesday noted that a 25 basis point rate cut is widely expected.

Bitcoin’s social sentiment has turned sharply bullish, with 64% of comments leaning positive, the highest greed levels since July 10.

While this reflects strong optimism, history shows markets often move against retail expectations, suggesting traders should temper hopes of a major post-cut surge.

What can you expect tomorrow?

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QUICK N DIRTY

Bitcoin, Ethereum, Dogecoin, XRP are moving sideways as cryptocurrencies are in a holding pattern before the Fed’s decision: here’s what’s driving the market today.

Dogecoin has been one of the ā€˜stronger performers’ ahead of tomorrow’s pivotal FOMC meeting — but why is that?

Block CEO Jack Dorsey is inviting businesses to use Square’s proof-of-stake system to test its Bitcoin payment feature.

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FINTECH FOCUS

Fundstrat’s Tom Lee predicts crypto could make ā€œmonsterā€ moves in the coming months as Federal Reserve rate cuts provide tailwinds, while Standard Chartered analyst Geoff Kendrick says Ethereum treasury companies have the ā€œhighest probability of being sustainableā€ compared to Bitcoin rivals.

Speaking on CNBC as Fundstrat marked its 11th anniversary on Monday, Lee described the market as "mid-cycle" rather than late-stage.

While the Magnificent 7 stocks and AI remain in play, he sees rate cuts as the real catalyst for the next leg higher.

"The Fed can actually reinject confidence by saying we're back into an easing cycle," Lee said, adding that a shift lower in borrowing costs would restore liquidity and business expansion.

What does that mean for the crypto ā€˜monster move’?

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