Dan C on Nostr: I always disagreed with those experts that said Fed could never raise rates to 5%~. ...
I always disagreed with those experts that said Fed could never raise rates to 5%~. On short to medium term time frame given their average duration they can do what they want. After 18~months of hikes, non zero risks of a debt doom loop and with the upcoming debt ceiling negotiations I don’t believe the Fed can be or will be as hawkish in reality as bond market seems to believe. For this reason I still think this #Bitcoin rally is mid ways. Let’s see. One more face ripping move higher. BIG support just below $20k. Move above $25.5k=$33k next & blue sky $52k by summer.
Published at
2023-02-26 01:11:43Event JSON
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"content": "I always disagreed with those experts that said Fed could never raise rates to 5%~. On short to medium term time frame given their average duration they can do what they want. After 18~months of hikes, non zero risks of a debt doom loop and with the upcoming debt ceiling negotiations I don’t believe the Fed can be or will be as hawkish in reality as bond market seems to believe. For this reason I still think this #Bitcoin rally is mid ways. Let’s see. One more face ripping move higher. BIG support just below $20k. Move above $25.5k=$33k next \u0026 blue sky $52k by summer.",
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