Almost all Bitcoin analyses point to the bottom areas. The reason for this is that they expect the Fed to cut interest rates by 50 basis points instead of 25 basis points.
1- The FED will make a 25 basis point cut, short traders are after it for a short time with 50 basis points
2- A 50 basis point cut means accepting the possibility of a recession for the FED
3- A 25 basis point cut means that all rote economists in particular are in the wrong corner
So what is meant by these items?
- Previous interest rate cuts have always resulted in a recession, right ✅️‼️
However, this is not like the previous ones. During the COVID period, 4 times more dollars were printed than the dollars printed in history, and in the longest high interest rate environment in history, the economy did not show more than small signs of cooling.
Because there is no longer a so-called middle class in societies as before. There are poor and rich. The rich are not affected by tightening, narrowing etc.
On the contrary, we can see it as an opportunity and a cycle where they can get more for less and thus keep the economy alive.
For this reason, the FED is saying for a long time because it knows there will be a Soft Landing (contrary to estimates, the FED is eager for a hard landing but is aware that this threshold has already been exceeded). The rote-learning group claims there will be a hard landing, but capital always tends to leave someone behind and create new rich people.
Those waiting for the bottom will be very upset because the dam gates are now opening on the 18th of the month 😉
