DiveInDefi
Powell just answered a question that hes expecting something like max 2 more rate hikes but they are looking isolated on every new meeting. This aligns with my expectations
Interesting addition from my friend Dennis.
Absolutely nailed it.
Absolutely nailed it.
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Forwarded from Dennis
I think they want to scare markets that they aren't done, but won't hike anymore
If they say they won't hike anymore, everyone will go mega long, and inflation comes back.
The scenario of pausing and raising and pausing and raising is what caused the situation where we had to get Paul Volkered back in the 80s. I don't see them doing that.
Inflation = inflation expectations.
As long as they control the naritive and have people expect more raises to come, they'll be good.
I think they will keep the interest rate higher for a long time, paused, until they fully see the effects in a trend going the right way (months or quarters). Before cutting rates (which they can do at a fast pace also, much faster than raising rates).
If they say they won't hike anymore, everyone will go mega long, and inflation comes back.
The scenario of pausing and raising and pausing and raising is what caused the situation where we had to get Paul Volkered back in the 80s. I don't see them doing that.
Inflation = inflation expectations.
As long as they control the naritive and have people expect more raises to come, they'll be good.
I think they will keep the interest rate higher for a long time, paused, until they fully see the effects in a trend going the right way (months or quarters). Before cutting rates (which they can do at a fast pace also, much faster than raising rates).
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DiveInDefi
All alts going absolutely wild. Avax punctured the downtrend
Beautiful breakout: Retest of resistance and now off we go. Next target is 15$ ish, then 20
DiveInDefi
Beautiful breakout: Retest of resistance and now off we go. Next target is 15$ ish, then 20
Add: first we need to break $12.5 which is the 200d ma
DiveInDefi
BTW I do believe ETH/BTC reversal is imminent. ETH is overdue for a pump and pushing alts back to the levels where they belong (further up)
Bulltrap so far. Usually these structures now break to the downside. Be viligent.
If we hold and pump back up there is still hope
If we hold and pump back up there is still hope
DiveInDefi
🚨🚨🚨
Next upside target is to test this upper line. Only 2.5% needed for that. If btc keeps above the previous high (which it does for the moment), i expect a quick and dirty pump to that target anytime within the next 24h as long as it stays above.
DiveInDefi
Next upside target is to test this upper line. Only 2.5% needed for that. If btc keeps above the previous high (which it does for the moment), i expect a quick and dirty pump to that target anytime within the next 24h as long as it stays above.
If this retest holds, expect the above outcome next.
Real story begins at $36500 level
Real story begins at $36500 level
DiveInDefi
If this retest holds, expect the above outcome next. Real story begins at $36500 level
Broken down so far. If the retest fails expect corrections everywhere