OrriginalCrypto on Nostr: I have been posting this chart since around October 2022 and so , Here it is for my ...
I have been posting this chart since around October 2022 and so , Here it is for my New NOSTR viewers ( where ever they are, if any lol )
This chart shows you the impact of the DXY Support Group ( FED ) Rate increases, BTC PA and Key moments in that Time.
Something I want to point out is note how PA increased in June 2022, after the FED increase Rates by 75 points.
Bitcoin has NOT been effected by the FED but more by the companies that were effected by the FED..like FTX, 3 Arrows and some Banks etc etc.
The REAL question on our lips right now is what will happen to PA if the Fed Drops rates tomorrow, some are now saying they may not......But it is coming at some point.
It is going to be very interesting to see what happens here... BTC has Never been in this situation.....
BRING IT ON
Published at
2024-09-17 14:00:16Event JSON
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"content": "I have been posting this chart since around October 2022 and so , Here it is for my New NOSTR viewers ( where ever they are, if any lol )\nThis chart shows you the impact of the DXY Support Group ( FED ) Rate increases, BTC PA and Key moments in that Time.\nSomething I want to point out is note how PA increased in June 2022, after the FED increase Rates by 75 points.\nBitcoin has NOT been effected by the FED but more by the companies that were effected by the FED..like FTX, 3 Arrows and some Banks etc etc.\nThe REAL question on our lips right now is what will happen to PA if the Fed Drops rates tomorrow, some are now saying they may not......But it is coming at some point.\nIt is going to be very interesting to see what happens here... BTC has Never been in this situation.....\nBRING IT ON\nhttps://m.primal.net/KsmU.png ",
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