I hope you don’t mind but I’d love to also hear about how crypto trading has been going for you so far!
Nope, still buying as much as possible. This is the start of the greatest easing cycle the Fed & world CBs have done in my adult life. Should be 10x by the time it’s all over.
New ATH during election night. Just completed stage 1 of accumulation. Lowering buys in MSTR, buying more TLT & TLTW in the meantime. This is just the start of the next big BTC bull run. Multi-country M2 money supplies have turned around and are increasing together.
Fed set to cut rates by 25bps today.
Fed cut rates 25bps last week. Currently 65% odds of another 25bps cut in their final meeting of 2024 https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html
This is releasing the rubber band that The Fed has been pulling on the past 2.5 years.
Bitcoin hit $84k this morning. $100k becoming a reality.