β οΈ Brief analysis of the current situation at macro level for #Bitcoin :
The Federal Reserve πΊπΈ is at a crossroads between inflation or recession right now
Recently, most people were seeing the possibility of an AGGRESSIVE cut of at least 50 bps, and even the possibility of an EMERGENCY cut prior to the September decision...
However, most confused various readings of the role of the Bank of Japan π―π΅ with the role of the FED πΊπΈ in all this.
The reality is that FOR NOW there is not enough data to corroborate the entry into a recession, so right now the BEST possible scenario would be for the FED to cut rates by 25 bps in September.
Why? π It would mean the official start of the liquidity cycle that we were all expecting, while citizens do not seek immediate refuge from a recession βΌοΈπ
Otherwise, it would trigger very significant sales due to the drums of a great recession in addition to the breakdown of the carry trade.
We'll see how the data ends up coming in over the next few weeks π¨
The Federal Reserve πΊπΈ is at a crossroads between inflation or recession right now
Recently, most people were seeing the possibility of an AGGRESSIVE cut of at least 50 bps, and even the possibility of an EMERGENCY cut prior to the September decision...
However, most confused various readings of the role of the Bank of Japan π―π΅ with the role of the FED πΊπΈ in all this.
The reality is that FOR NOW there is not enough data to corroborate the entry into a recession, so right now the BEST possible scenario would be for the FED to cut rates by 25 bps in September.
Why? π It would mean the official start of the liquidity cycle that we were all expecting, while citizens do not seek immediate refuge from a recession βΌοΈπ
Otherwise, it would trigger very significant sales due to the drums of a great recession in addition to the breakdown of the carry trade.
We'll see how the data ends up coming in over the next few weeks π¨
1 month ago
