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To: Rarebird who wrote (26165)6/18/2025 12:59:56 PM
From: Real Man  Respond to of 26251
 
This is bitcoin dominance chart, it tends to be low during crypto booms. Currently closer to the highs. The previous crypto boom was following the previous bitcoin mining profit halving in 2020, normally the boom lasts 1 year following the halving. The boom was in mid 2021.



To: Rarebird who wrote (26165)6/18/2025 3:35:17 PM
From: Real Man  Read Replies (1) | Respond to of 26251
 
The dot plot, it looks like there was an expectation of more easing in the future.




To: Rarebird who wrote (26165)6/18/2025 4:06:51 PM
From: Real Man  Read Replies (2) | Respond to of 26251
 
The Fed committee does not decide anything, they and Wall Street (the likes of Goldman Sachs) run economic models which tell them the optimal Fed funds rate, which the market knows in advance. The vote is just a formality. Any rate that does not follow the models has the effect Trump tariffs had on the market earlier this year. It does not make any sense to remove Jay Powell or try to make him deviate from the rate he must set. It introduces incompetence in the mix, tsar-set interest rates, which is not good for anyone. There are no traders in these markets who are not machines anymore, maybe individual investors. As an individual trader you always trade against a computer program of market makers which compete with each other for your business, to capture tiny losses on nanosecond time scale which add up over time and generate a profit for the market makers every day.