Bitcoin Trends: Is The Fed Engineering A Recession?

Could the Fed be trying to engineer a recession? Kevin Kelly discusses this, as he thinks that the Fed is trying to create a recession to lower inflation. He tracks bitcoin (/BTC) price fluctuations. He talks about the short-term outlook for bitcoin. He then goes over if the uptrend in global liquidity will continue into 2024. He looks at major central bank assets versus GLD, QQQ and BTC. He mentions that if we are headed to currency debasement then bitcoin and other cryptocurrencies stand to gain. Tune in to find out more about the stock market today.

Market On Close

21 Apr 2023

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