Have you seen what's going on with the JPY?
I know Japan is in a far worse spot than us. They have been issuing debt and buying US Treasuries with it. I haven't looked into them recently tho.
You know enough .. now funny thing about national currencies is that they Honda have to balance on the way down or their labor become expensive causing unemployment OR their exports become uncompetitive causing all sorts of issues. The FED can have their half basis point all day long as long as Zelinsky keeps getting his checks... As well as all the other fags in government get fat fat raises. Naw, bottoms In. We won't break down below 15.5k or so. Surely there will be red candles but bottom is in for the cycle.
My take is that money is flowing into growth (which includes BTC) because inflation is slowing and the belief is that the fed will slow the hikes. If the fed does not slow then we will see another sell off.
Hopefully the Fed does in fact slow the hikes, if that is the case I agree the bottom is in. I've been adding every pay day either way.
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