To be honest, a 25 basis point rate cut by the Fed this week is pretty much a sure thing. Barclays’ forecast is quite clear: the policy rate will be lowered to the 3.5%-3.75% range. But you know how the Fed operates—while giving you some good news, they’ll definitely insert some hawkish language into the statement. They’ll probably hint at hitting the pause button in January next year to take a breather.

But what about after that? Barclays expects another 25 basis point cut in both March and June next year, with the long-term median rate likely stabilizing at 3%. In other words, rate cuts aren’t a one-off thing; it’s a clear roadmap for continued easing.

For risk assets like BTC, this kind of ongoing dovish expectation is the best kind of fuel. During Powell’s speech on Wednesday, he might use some hawkish wording to create short-term volatility and shake out weak hands, which is perfectly normal. But as long as the price holds the $87,000 support line, any pullback is actually a window to get in. Don’t panic—wait until you see the big picture before taking action.