The Crypto Market is Collapsing

I hope you don’t mind but I’d love to also hear about how crypto trading has been going for you so far! :blush:

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.

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