FOMC Hurdle Passed, Another Central Bank Proposes SBR
In today’s video, we discuss our takeaways from the FOMC press conference and discuss the latest country to contemplate a Strategic Bitcoin Reserve.
Tickers in this video: BTC 0.40%
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Developments since the inauguration confirm that the new administration is prioritizing an industry-friendly regulatory environment. Coupled with an easing DXY/yields, a possible TGA spenddown, and favorable seasonality, we think it’s prudent to maintain a long bias. Source: TradingView, Fundstrat Source: TradingView, Fundstrat POWELL MAKES SOME EDITS When the FOMC statement was first released on Wednesday, it carried a distinctly hawkish tilt. The language reflected a more optimistic view on employment...
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