Yesterday's forecast came true - buy on expectations, sell on news. After the Fed's rate cut, Bitcoin fell to 89,500$.
šŸ“”The nearest inflation risks are trending upwards. The GDP growth forecast for 2026 has been revised upward. Some Fed members believe we should stop and wait for a rate cut. Analysts see the Fed rate at 3.1% by the end of 2026 and believe that at the US Fed meeting on January 28, the agency will keep the interest rate unchanged.
šŸ¦The Fed will launch QE on December 12. The last time the Fed launched a short-term treasury buyback program (minimal QE) was at the end of 2019. Then there was the COVID crash, and after that, normal QE and new highs.