#Bitcoin  Fixes This Clownshow 🤡

Reply to this note

Please Login to reply.

Discussion

Who would guess that? 🤌

#m=image%2Fjpeg&dim=383x450&blurhash=%7B5RD4f0100M%7DD%2B%3FG%25M%7Ep_2IoD*j%5BRkt7t7t700%251%3FGs.t6R%2BRjM%7CxtM%7BjsRjofoffkt701skskV%40s%3AIoj%5BM%7CD*Rjt6oKWBWCayRkNJe-adRjoLofWCkC4%3AoJt6oet6NGayWW%25LRjRjafRjofofWB&x=1d286f99d18721c4544013ecaf46206d5146ea04595104f44eb64988ac5712bc

Needs log scale

🤓

Ask and you shall receive

#m=image%2Fjpeg&dim=383x450&blurhash=%7B5RMl80001M%7D9b%3FGxu%7Ep-%3AM%7BIURjayt7xut700-n-ns%3A%252NHWCIp%25MM%7BWBxaRjayayof01s%2B%250M%7BRjWCWBNGIpRjs-Rjs%3AofNGWBIpjYoJWBs%3ARjR*of9aoJs.aes%3ARjs%3Aj%5DxuM%7BRjj%5Baeays%3ARj&x=9d649141cc78463e1b85445da0d79da4bf73d6d6742c7fcbf9d6cce03b9cc978

Noice. This shows the 2020 deviation and subsequent reversal in context.

If you draw a trend line from 1995-2020 and beyond, and another line from the peak in 2022 to present, you’ll see those lines cross in a few months (July 2024).

I predict that that’s when the Fed will resume pre-COVID policy. Money printer go BRRR.

So funny how this "loosening" seems so small in the grand scheme of things, and on the whole plot.

Agreed. It also shows how ridiculously fragile the whole game is. That deviation in 2020 hs put the system at risk.