Total Crypto market cap and FOMC:
We always dump after the FOMC for 4-8 days and then market hits new all time high.
Cartels are manipulating us again.
So today in a single day we got
25 BPS rate cut
QT ending
US - China trade deal
U.S. stocks hitting new highs
and Bitcoin still can’t break $116k ?
This is the shittiest bull market ever
Only thing holding market down is this US-China trade deal negotiations.
If we get a trade deal announcement today crypto should finally pump.
Compared to US stocks, Bitcoin should already be trading above $130,000
Patience.
BTC is currently underperforming the S&P 500.
The exact same thing happened in 2024 before BTC pumped nearly 70% in just 2 months.
I think Bitcoin will catch up with the stock market really soon.