Repost @Bankless: "As long as Bitcoin can hold 83k... it's hard to be bearish" - @benjamincowen
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Repost @Bankless: "As long as Bitcoin can hold 83k... it's hard to be bearish" - @benjamincowen
A stock market correction (if it happens during the seasonal weakness) would likely cause some of these rate hikes to be priced out. The midterms can sometimes bring about that weakness (2014, 2018, and 2022), but there are occasional years where it does not happen (2010). Market are never a sure thing, despite everyone wishing they were. Thinking in terms of probabilities is the correct approach in my opinion.
Ingested from X: https://x.com/benjamincowen Followers on X: 1,266,482 Founder & CEO, ITC | Macro, commodities & digital assets | Liquidity, labor & risk cycles | PhD Engineering | Former NASA, Sandia National Labs