Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by vapourminer (1)
powell crashed the market on purpose. if you look back and read what i have said i mentioned more then once he was going to crash the market.
Isn't it Gary's fault for everything, at least when it comes to Bitcoin? No, it's Powell's fault in the end though
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NSFW
The raise rates then go flat no cutting rate pattern crashed us in 2008 and in 2024 it is intentional on the feds part.
I have analyzed it and they simply do this for other sectors. (long term care insurance sector) usa long term care insurance companies are required to hold the payments in bonds.
when rates drop they deter towards bankruptcy when bonds go up they make out.
That is a 6 trillion dollar pile of cash in us bonds. It plays a role in what happens.
there is more than that .
the good thing is my stack is bigger.