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BTC printing higher lows since latest low of 25338

Low on May 22 = 27050
Low on May 26 = 28000
Low on May 27 = 28220

NASDAQ posted positive gains for the past 3 days.

Probably low volume over the Memorial Day weekend in the US.

Will the shorts get liquidated??

I am long until a few days before the next FED FOMC meeting. We saw last month that both the NASDAQ & BTC dumped the day after the FOMC meeting on May 3-4. Next FOMC meeting is scheduled for June 14-15.

I think the interest rate hikes are baked into the market since they are well forecasted ahead of time. However the markets are scared that the FED is letting their assets in the market expire. Refer to quantitative tightening. My question is if the market is greedy enough to gamble between the FOMC meetings...

References:

I refer to interviews with interviews with Christopher Leonard who wrote “The Lords of Easy Money”: How the Federal Reserve Enriched Wall Street & Broke the U.S. Economy.

"Let me put it this way: In the first century of its existence, the Fed expanded the pool of base money — you know, what the economists called the monetary base. The Fed expanded that pool of money to about $900 billion. So, that’s a trillion dollars in printing money over a century. But then, after the crash of '08, between 2008, 2014, the Fed prints $3.5 trillion. So that's three-and-a-half centuries’ worth of money printing in a few short years."
Chart Patterns

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