DooMAD had the best point out of anyone in this whole thread... Bitcoin could go up again when the Federal Reserve reverses course, and starts money printing and blowing up the stock market bubble again. Bitcoin has been following the NASDAQ pretty well.
To be clear, that's not the point I was making. My argument was that whatever the Fed might momentarily be doing, it doesn't instill any confidence on my end that the US (or any other nations for that matter) are turning their economies around any time soon.
I'm not making any predictions about Bitcoin's short-term price movements or the impact the Fed may or may not be having on it.