Hey, my people! 🚨 Have you noticed that every time the Federal Reserve of the U.S. (The FED) opens its mouth and gives its update, Bitcoin slips? 📉 This pattern has become so constant that it seems like a ritual, and if we don't understand why, we'll always get caught on the way down. Let's break this down!
Look, the central theme is the Federal Open Market Committee, or the FOMC for friends (who are the ones that decide interest rate and liquidity policy). It turns out that, despite the fact that the FED is supposedly preparing to relax its policies a bit in 2025 (which theoretically is great for cryptos), Bitcoin has been falling after each FOMC meeting this year. 🤯