Now that the FED has cut the increase in interest from 0.75% to 0.5% last week there's a lot of bulls who see this as the potential start of the end of the quantitative tightening cycle, which is inevitably bullish because the cost of capital goes down.
However, is it really?
If we take a look at the two most recent recessions, the true drop in the markets occurred once the FED actually started lowering the rates. As for BTC, a drop of >40% in the stock markets can easily launch BTC to $10k or lower.
Will it happen again? We simply don't know. Keep an open mind and see what the market gives us.
However, is it really?
If we take a look at the two most recent recessions, the true drop in the markets occurred once the FED actually started lowering the rates. As for BTC, a drop of >40% in the stock markets can easily launch BTC to $10k or lower.
Will it happen again? We simply don't know. Keep an open mind and see what the market gives us.
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