$BTC
🚨🚨 Warsh has spoken. And the market didn't half get a bit of a surprise 🚨🚨
The new Fed chairman was proper hawkish:
Inflation is still far too high.
2% remains the target.
No promises of rate cuts.
Financial conditions don't seem restrictive enough
Mind you, it wasn't all doom and gloom 👀
The economy and corporate earnings are still looking solid
AI investment is driving productivity and growth.
Warsh highlighted that “money matters”: monetary conditions are still key
And crucially: no chat about rate hikes. The next move strictly depends on the data
Now, here's the bit I'm keeping an eye on:
78K ⬇️ If Bitcoin holds that line after such a hawkish speech, that’s a proper sign of strength in my book
$ETH
🚨🚨 Warsh has spoken. And the market didn't half get a bit of a surprise 🚨🚨
The new Fed chairman was proper hawkish:
Inflation is still far too high.
2% remains the target.
No promises of rate cuts.
Financial conditions don't seem restrictive enough
Mind you, it wasn't all doom and gloom 👀
The economy and corporate earnings are still looking solid
AI investment is driving productivity and growth.
Warsh highlighted that “money matters”: monetary conditions are still key
And crucially: no chat about rate hikes. The next move strictly depends on the data
Now, here's the bit I'm keeping an eye on:
78K ⬇️ If Bitcoin holds that line after such a hawkish speech, that’s a proper sign of strength in my book
$ETH
