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Yes, I agree with you! Based on expections, in May 2024 the FED will make a pivot on the interest rates. About how aggressively...I think will be extremelly aggressive...I expect a down under 2%. Btw...this period coincide with election, and the Bitcoin halving...maybe they will search a reason to cut more aggressively. My opinion is, that once the pivot will be active, a dump is more than possible... BUT... I think it will be a very short term dump, maximum 1-2 weeks...maybe a crash is not excluded...or a black swan? IDK (I have no cristal globe), but we will see ;)
Wow under 2. Aggressive.
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Yes, it is very aggressive. Check this site about interest rates expectations: https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html
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