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>> No.54122322 [View]
File: 32 KB, 889x284, 2019-pivot.png [View same] [iqdb] [saucenao] [google]
54122322

>>54121902
Jerome isn't some sort of trickster. When he is going to pivot, he will say so. He did it in 2019 and it turned into a nice little run.
You guys need to stop trying to cherrypick statements and looking for subtle clues so you can frontrun shit. It's not going to work. In fact, there will likely be a bottom after the Fed pivots, so why bother trying to read Jerome's mind?

>> No.53759552 [View]
File: 32 KB, 889x284, 2019-pivot.png [View same] [iqdb] [saucenao] [google]
53759552

>>53758825
This would normally be about the time you'd expect the Fed chairman to announce the suspension of rate hikes or even cuts, according to that chart.
I'm sure that'll happen next month.

>> No.53687127 [View]
File: 32 KB, 889x284, 2019-pivot.png [View same] [iqdb] [saucenao] [google]
53687127

>>53686623
Powell clearly signalled in 2019 that he was going to pause rate hikes before he did it.
If you're betting on a repeat of 2019, you're anticipating Powell doing the opposite of what he's been saying.
He's a spineless idiot, but he isn't going to risk a major rebound of inflation caused by a premature pivot. Especially not with low unemployment and energy prices temporarily being held down.

>> No.53503544 [View]
File: 32 KB, 889x284, 2019-pivot.png [View same] [iqdb] [saucenao] [google]
53503544

>>53502774
Powell was very dovish for months prior to the pivot and even then, it took the market some time to react to the suspension of rate hikes.
You goofy bastards are frontrunning this way too far. You've even demonstrated that a pivot shouldn't even be considered since there's still so much pent-up demand.

>> No.53374316 [View]
File: 32 KB, 889x284, 2019-pivot.png [View same] [iqdb] [saucenao] [google]
53374316

>>53374178
Jerome actually announced that he was scaling back interest rates in early 2019. There was zero reason for him to do this because he had been maintaining rates to keep ahead of inflation.
He pivoted because Trump twisted his arm, wanting a booming stock market. So when covid hit, Powell had to no choice but to cut rates even further. You're now seeing the result.
The bullish case depends entirely on Powell ending rate hikes too early when he has already made the mistake of doing it before. Doing it now when the dollar has already plummeted guarantees that inflation will boomerang hard and Americans will suffer. Powell would fully take the blame.
You think he's going to tell Congresss, "Well, I had to because Bitcoin needed le epic golden bull run"?
This isn't the same as April 2019.

>> No.53305516 [View]
File: 32 KB, 889x284, 2019-pivot.png [View same] [iqdb] [saucenao] [google]
53305516

>>53305074
2019 was different. Really.
No pivot this time.

>> No.53272271 [View]
File: 32 KB, 889x284, 2019-pivot.png [View same] [iqdb] [saucenao] [google]
53272271

>>53271676
I genuinely kek'd at that. Enjoy your (you).
>BTC will have a 2019 style rally this year
I keep seeing this and it's delusional. 2019 was the result of a white swan. The Fed turned on the money printer when there was absolutely no need to do so.
It isn't happening again without that sort of white swan.

>> No.53271154 [View]
File: 32 KB, 889x284, 2019-pivot.png [View same] [iqdb] [saucenao] [google]
53271154

>>53270735
January 2019? You mean when the Fed decided to cut interest rates because Trump was twisting his arm to pump the stock market?
That's not happening. Jerome isn't going to save BTC.

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