Tonight might be the final celebration for BTC bulls.


If Powell signals a hawkish stance? It will be liquidation. If the rate cut doesn't reach 50 basis points? It will still crash. The more severe consequences are yet to come — if the Bank of Japan dares to raise interest rates on December 19th, US stocks and the crypto market will both suffer together; this is no joke.
As the old saying goes: sell the facts, buy the expectations. Now that US stocks are approaching historical highs, rushing in to chase the rally? That's just giving warmth to the market makers. Smart investors know that they should short when prices are high and not wait for the market to teach you how to behave.
BTC-0.36%
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