$BTC

BTC
78,080.01
+0.58%
🚨🚨 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
​Because we’re no longer looking at the classic setup 👀
​Fed’s gonna cut → BTC goes up
​Now Bitcoin has to prove it can rally even when the Fed isn't giving it a leg up 👌
#KevinWarshDisclosedCryptoInvestments #Fed #Market_Update
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