Near-Term Risks Meet Medium-Term Opportunity

Discussed in today's video:

Near-term risks: possible Fed "mistake", upcoming TGA refill that may drain liquidity, unfavorable August–September seasonality, and capital flows turning negative. Cut odds rise: Friday’s weak NFP and Fed Governor Adriana Kugler’s resignation meaningfully increased the probability of a September rate cut. Medium-term opportunity: A rate cut into a slowing but growing economy, steady unemployment, and above-target inflation is a bullish mix for crypto. Price action check: Monday’s rebound was encouraging. A Bitcoin break above its down-trend li...