Looks like the sell-the-news-boys are dumping into the buying volume of the buy-the-news-boys.
Fun to watch.
The market needed a surprise on interest rates. 50bps was needed to keep the market afloat. Volatility incoming…
I’m not sure how we get to new highs from here, but if Bitcoin doesn’t find a way in the next 2 months then MSTR doesn’t get into the S&P500 and this cycle top is in. It’s finger crossing time.