IMO the sequence of events is:
1. Inflation is still too high to justify rate cuts
2. BTFP ends in March
3. A couple small banks immediately fail
4. JPOW says "Due to financial instability the Fed needs to take action to secure the financial system."
5. Rate cuts - money printer go brrrrrrrrr
6. QQQ moons. The Fed hopes the BTC inflows go to big tech companies instead.
7. The masses get screwed by more inflation.
bitcoin moons, then they pull the liquidity rug, banks fail, grandmas retirement goes poof, they loose the hounds of media propaganda, bitcoin blamed for financial crisis 2.0, on Friday the 13th 13% of us get black bagged while the rest of us get sent to the gulag.. Meanwhile they 6102 the ETFs and close all on-ramps while criminalizing math and other stuff. Peter Schiff and Kramer flip bullish condemning humanity to 1000 years of darkness
