0 sats \ 1 reply \ @siggy47 4 Oct 2022 \ on: dip buyers emerged to blunt a Fed-induced selloff bitcoin
Bulls are anticipating the fed pivot. If fed governors keep talking tough on inflation this rally could be short lived. There's a good chance the bond market dislocation has already done damage that hasn't been revealed yet. If that's the case it will force a quick pivot
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0 sats \ 0 replies \ @jp 4 Oct 2022
If the fed doesn't pivot, bond liquidity dries up as everyone hoards cash to pay down their US denominated debt.
If fed does pivot, it's an admission of defeat and that the offramp for QE must be delayed (or abandoned all together).
It would be really interesting to get @lynadlencontact's thoughts here
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