hh on Nostr: If the Fed sends a clear signal that they will end the hikes, BTC will continue to go ...
If the Fed sends a clear signal that they will end the hikes, BTC will continue to go up.
If the Fed sends a clear signal that will continue to raise rates to 5, 5.5%, maybe even more, we will have a "retracement".
There really isn't more to it.
Even if you believe (like I do) that a lot of the incoming volume is not entirely speculative, but truly looking for refuge, bagging a 15-30% profit in one week, then exiting BTC to buy bonds is the most likely move for the type of people who moved the BTC price up these past few days.
If the Fed sends a clear signal that will continue to raise rates to 5, 5.5%, maybe even more, we will have a "retracement".
There really isn't more to it.
Even if you believe (like I do) that a lot of the incoming volume is not entirely speculative, but truly looking for refuge, bagging a 15-30% profit in one week, then exiting BTC to buy bonds is the most likely move for the type of people who moved the BTC price up these past few days.