learnaboutbit on Nostr: What are the probabilities that we get a credit event between now and the September ...

What are the probabilities that we get a credit event between now and the September Fed meeting?

Bitcoin needs a catalyst that spikes demand to move out of this trading range and above 100K.

I’m starting to think it’s more likely that this catalyst will be a breakage in the traditional financial system (ex: bank failures), rather than positive news for Bitcoin. Something that forces people into Bitcoin, as a flee to safety.

#fed #economics #investing #bitcoin