Rate cuts and TradFi
Here is a simple idea.
It can be argued that there is some correlation between TradFi and BTC:
The coming rate cuts might rekindle inflation and pump asset prices further.
However, the jobs reports hint at trouble for the US economy.
And of course, we're waiting to see what happens next with the JPY.
Where will NDQ go in the next month and thereafter, and how much will history rhyme?
What is your outlook for the next few months?
It can be argued that there is some correlation between TradFi and BTC:
The coming rate cuts might rekindle inflation and pump asset prices further.
However, the jobs reports hint at trouble for the US economy.
And of course, we're waiting to see what happens next with the JPY.
Where will NDQ go in the next month and thereafter, and how much will history rhyme?
What is your outlook for the next few months?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.