Looks like we’re getting another run at $30K. Could we see it on this Cinco De Mayo? With the rally in equities markets I think it’s possible as investors are feeling pretty bullish that the Fed is going to have to pivot soon. With the US Government dumping tons of coins for the next several months, I think it will be difficult to sustain any moves above $30K at this time. 

do they announce the sales after each batch or after all batches are done?

last time they sold 10k not much happened

Don't know exactly when the pivot will be, but make no mistake, this will be a shorter rate hike cycle than in 2007-2008.

The Fed is bailing out these failing regional banks with 1-year loans for cash on the face value of their now underwater bonds. This is so they don't have a writedown on their portfolios (i.e., not a loss on collateral because it's a loan vs. a sale). The banks will then presumably cover the loans by selling the bonds when rates are back down (and thus face value back up) to the level it was when they first bought the bonds.

Wanna hazard a guess when that will be? Ha ha, SOON.

And where is the Fed getting all this cash when their balance sheet is supposedly shrinking? Can you say 'Shadow QE'? Lol.

The kids are our future and so is the bitcoinBTC.



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