🚨 BREAKING: WARSH JUST SPOKE — $BTC CRASH RISK IS RISING FAST 📉📉
Guys, panic hit BTC after Warsh's Jackson Hole speech, and the reaction makes sense after looking at what he actually said.
Warsh's strongest bearish message was clear: PCE inflation is still 3.7%, six-month PCE is 4.1%, and 54% of PCE components are rising above 3%. He also said broad financial conditions are not restrictive enough.
His key message for BTC was essentially: "the Fed's predominant focus right now should be on prices."
That is clearly hawkish for crypto because it reduces the urgency for easier monetary policy.
But there was also a bullish offset. Warsh said inflation expectations remain stable, the economy is resilient, and AI could create substantially higher productivity and growth. He also did not announce a September hike or give a fixed rate path.
Now BTC has bounced from around $78K to ~$79.7K after the initial shock. At this point, I don't want to assume this is a reversal. With the earlier resistance and liquidity structure, this fast rebound can simply be profit-taking/short covering after the flush.
So my plan is simple: wait for confirmation.
If BTC pushes back above $80K and holds, that shows real strength and the bearish reaction may be getting absorbed.
If BTC fails to reclaim $80K, rolls over and breaks $77.6K, I would expect another downside shock.
For now, better to stay careful and wait. The first reaction after Jackson Hole is not the trade; the confirmation is. $ETH $TRUMP
Guys, panic hit BTC after Warsh's Jackson Hole speech, and the reaction makes sense after looking at what he actually said.
Warsh's strongest bearish message was clear: PCE inflation is still 3.7%, six-month PCE is 4.1%, and 54% of PCE components are rising above 3%. He also said broad financial conditions are not restrictive enough.
His key message for BTC was essentially: "the Fed's predominant focus right now should be on prices."
That is clearly hawkish for crypto because it reduces the urgency for easier monetary policy.
But there was also a bullish offset. Warsh said inflation expectations remain stable, the economy is resilient, and AI could create substantially higher productivity and growth. He also did not announce a September hike or give a fixed rate path.
Now BTC has bounced from around $78K to ~$79.7K after the initial shock. At this point, I don't want to assume this is a reversal. With the earlier resistance and liquidity structure, this fast rebound can simply be profit-taking/short covering after the flush.
So my plan is simple: wait for confirmation.
If BTC pushes back above $80K and holds, that shows real strength and the bearish reaction may be getting absorbed.
If BTC fails to reclaim $80K, rolls over and breaks $77.6K, I would expect another downside shock.
For now, better to stay careful and wait. The first reaction after Jackson Hole is not the trade; the confirmation is. $ETH $TRUMP
