Every time when FED raised or lowered the interest rates Bitcoin goes down but when they kept the rates at the same level for certain period of time, Bitcoin price increased. As you can see on the chart starting with June 2017 every time Bitcoin follows the FED decision.
Pay attention for the next moves!
I believe we'll see a ferocious rally that will shock everyone and make everyone bullish again - but this will just be a bear market rally (this is my thinking unless we break below 800B)
There is still a very good chance we continue down towards 500B MC and sit there for the next 12-18 months but I am not leaning too heavily on the short side at the moment. ...
Makes sense $TNX stopped falling as they stopped the bond buying program
It's been weaker so likely they started buying again
#inflation #interestrates
Will #fed reintroduce QE and/or also stop raising (short term at least) rates???
For longest time rates were concerned with oil prices and it looks like oil has peaked. But still, rates rise in the face of QT, a housing recession and falling oil prices? Rates must be chasing Natural Gas, the second larges input to energy inflation. Will Nat gas breakout or is this the end of the road?
DXY H4
As long as we are still trading north of this last area of H4 demand, we can look to catch dollar bid, GBPUSD shorts from 1.20 specifically is on the horizon.
Weekend volume causing that bit of chop we see, but hopefully this double bottom structure we see may see dollar reverse and continue it's bullish trend.
New Zealand national bank increased rates from 0.25 to 0.50 points. It doesn't take a genius to imagine how that impacts the price of the EURNZD pair. With higher interest rates, it is more beneficial for the banks to hold NZD. Plus this pair was in a downtrend before that.
The most recent lows are broken ( dashed green ). A somewhat recent low meets a 2019 swing...
As the 10YR Treasury yield surpasses the average dividend yield of the S&P at 1.5%, risk assets will lose their shiny appeal and become a much scarier thing to hold. As rates rise, growth companies usually don't do as well since they can't borrow money as cheaply to fuel their rapid expansions.
If you look at the all-time 10yr Treasury Bill it looks like we are...
