Bitcoin is below $20,000 again Someone will write today that Powell did not say anything new. But reading his speech in the original, between the lines: “Now it is more important for us to slow down inflation than to support the markets.” Investors, of course, were not at all happy about this. There are a lot of good deals on the secondary market. The one with stronger nerves will earn on the new trend. This is how the market works, someone sells in a panic, and someone buys everything at this time.
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That someone was me, and that someone was right. And that someone also called out that the FED will accept a recession while fighting the inflation and as I mentioned that caused the dump