What’s happening on wednesday?

Is that the day they announce the update on CPI or whatever?

I would imagine nothing good comes out of any fed update, or at least nothing that consumers perceive as good, for the foreseeable future

Down 90% from a year ago

they dont even know dababy is on security

What’s going on :(

That was last friday and cpi came back higher than expected. This week is fed minutes where they announce interest rate hikes.

Fed minutes / j pow speaks / rate hikes.

So basically we’re f***ed?

2018 crash we went from high 20k to low 5k right?
we had a high of 70k this time around

leaving this here just in case

Thank you just applied

Everything is priced in. Don't even ask the question. The answer is yes, it's priced in. Think Amazon will beat the next earnings? That's already been priced in. You work at the drive thru for Mickey D's and found out that the burgers are made of human meat? Priced in. You think insiders don't already know that? The market is an all powerful, all encompassing being that knows the very inner workings of your subconscious before you were even born. Your very existence was priced in decades ago when the market was valuing Standard Oil's expected future earnings based on population growth that would lead to your birth, what age you would get a car, how many times you would drive your car every week, how many times you take the bus/train, etc. Anything you can think of has already been priced in, even the things you aren't thinking of. You have no original thoughts. Your consciousness is just an illusion, a product of the omniscent market. Free will is a myth. The market sees all, knows all and will be there from the beginning of time until the end of the universe (the market has already priced in the heat death of the universe). So please, before you make a post on wsb asking whether AAPL has priced in earpods 11 sales or whatever, know that it has already been priced in and don't ask such a dumb f***ing question again.

It rained on Monday so it will rain on Tuesday

This has been happenin for like a few months now lol hes been slowly increasing rates. But ppl are expecting a higher increase this time.

The longer he waits to increase rates or doing it like he has been for the past few months like .25 points each time is causing inflation to go crazy.

He needs to increase bigger amounts for the rest of the year to fight inflation.

Im not super informed on all this but its what i know has been happening for the past few months and ive been makin money shorting 20 year bonds cuz of this lol.

Diamond hands on my ETH

WLR

Markets also have gone green on days j pow announced rate hikes btw.

cnbc.com/amp/2022/06/10/fed-will-raise-raise-rates-next-week-but-powell-may-matter-most.html

AAAAAAAGGGHHHHH

20k to 3k but yea. Got a ways to go

We funny enough just touched 200 week

If I had no crypto, I would piece a bit in

If you have exposure, wait until around 300 week on a wick. So 15-20k (as of rn)

But mind you that crypto has only been around while Fed has been dovish for 90% of the time since 09

Cab crypto hold previous supports in a real recession….maybe not

I would still buy btc at 15-20k and then wait

Btc going to outperform for a while

Maybe buy eth and a couple alts if really dead. 90-95% drops

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