If the Fed sends a clear signal that they will end the hikes, BTC will continue to go up.
If the Fed sends a clear signal that will continue to raise rates to 5, 5.5%, maybe even more, we will have a "retracement".
There really isn't more to it.
Even if you believe (like I do) that a lot of the incoming volume is not entirely speculative, but truly looking for refuge, bagging a 15-30% profit in one week, then exiting BTC to buy bonds is the most likely move for the type of people who moved the BTC price up these past few days.
hh /
npub1s2…8dsym
2023-03-20 09:35:16
in reply to nevent1q…kpcz
Author Public Key
npub1s277u5rww60te98w9umz6p7pjcxuus96cegdsf4y978qcqvu8jtq88dsymSeen on
wss://relay.noswhere.comPublished at
2023-03-20 09:35:16Event JSON
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