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Durial321
591 posts

Durial321
@Durial_
enjoy poverty | your fault centrist
Katılım Temmuz 2020
618 Takip Edilen213 Takipçiler

I don't think people here even realize how close Bitcoin [and by extension crypto] is to mainstream headlines again.
There's a final hurdle above us, right around the Yearly Open.
That hurdle is the difference between coins doubling, tripling and even quadrupling in mere weeks.
The "MEAT OF THE MOVE" is that.
You know it's funny,
We figured that gold selling off would result in a rotation to BTC [digital gold],
Instead it all went to stocks/equities/energy ETFs etc.
The entirety of TradFi seems to have no stop, it's just day after day after day of bull mode.
So where does that put BTC?
You could argue that it's a "deadcat bounce" - but deadcat bounces are mostly fast and short-lived [they can aggressively shoot up a significant amount, not arguing against that].
But a bottoming structure for 85 days followed by numerous fakeouts to the downside and then MORE CHOP upwards is the CLOSEST you'll get to "feeling" a REAL impulse move ferment.
It's heating up, right under HTF resistance.
Coiled up like a snake.
If we were truly bearish [meaning sellers are in control],
We would've broke down further by now.
Arguing that BTC will get that "last leg down" IF TradFi rolls over is stupid.
Perhaps, just perhaps,
If we go with the above that gold selling off "rotated" to people buying up stocks,
One could argue that TradFi selling off is bullish for crypto.
The last rotation.
There's no need to overcomplicate this.
~ Dr. Axius.

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@great_martis Gotta admit -
I’m thinking old Martis might FINALLY be right
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It is unusual for soon-to-be-former Fed Chair Jay Powell to stay on at the @federalreserve. For someone who speaks so often of norms, his unilateral decision to stay flies in the face of tradition.
Kevin Warsh will bring about a new day at the Fed, with accountability, management, and sound policymaking in the lead.
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@RebeccaBond007 @SecScottBessent @federalreserve It’s quite funny watching Tucker do a complete 180 and seek forgiveness recently.
I think he senses the tide shift
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@RebeccaBond007 @SecScottBessent @federalreserve He really did.
Such promise and hope years ago.
But he submit to Trump and far right ideals
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@PompousPiloto @SecScottBessent @federalreserve At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award you no points, and may God have mercy on your soul.
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@Durial_ @SecScottBessent @federalreserve If the USA has the #1 credit in the world, why do we have the 40th highest interest rates? Powell is an inside trading clown and the actual embodiment of the deep administrative state
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@Durial_ @SecScottBessent @federalreserve I would prefer you tell me how lower interest rates would have negatively affected the markets/economy. How do you suppose the market would have reacted if Powell had cut the rates on Wednesday? It would have been even more all time records.
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@Durial_ @SecScottBessent @federalreserve 50% of the users on X are Bots. So there is that. Elon’s site is half Bot farm.
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@RCMAAE @SecScottBessent @federalreserve I get it Carol -
But the world doesn’t revolve around your two adult children.
Cutting rates would have been more harmful to long term health of markets/economy
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@Durial_ @SecScottBessent @federalreserve I have 2 adult children in the housing market. 2% cut in the interest rates makes a monthly payment doable. He should have followed the rest of the world instead of trying to hamper Trump. He’s a vile creature. Not to mention the billions of wasteful taxpayer money on the bldg
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@therawdawgg @SecScottBessent @federalreserve Sir, you are a fucking moron.
There’s historical precedent - several people have moved between senior fed and treasury roles.
Example - Paul Volcker.
Fuck outta my notifications you low iq monkey peasant
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@Durial_ @SecScottBessent @federalreserve Wow. For someone who is so worried about takeovers, I thought you would be alarmed by Janet Yellen’s transition from Fed Head to Treasury Secretary.
My bad.
I thought you were a serious person.
Brilliant response though!
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@Durial_ @SecScottBessent @federalreserve Obviously. I mean that response was so on point, brilliant, and thought provoking!
You managed to follow it up with another great response too!
I mean everyone knows if you want true Fed independence after being the head of the Fed you should be Treasury Secretary.
It is….
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@therawdawgg @SecScottBessent @federalreserve You clearly have no idea what the fuck you’re talking about, so putting effort into a response is a waste of time
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@Durial_ @SecScottBessent @federalreserve ….was the Fed Head & then Treasury Secretary and you want to talk about administrations wanting to take control of the Fed?
They all do.
Powell plays politics like all of them. That is why he goes along with one admin and not another.
Frankly, the Fed should e abolished….
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