#BitwiseBitcoinETF $BTC
The only question is about its magnitude; the current debate revolves around 0.25% and 0.5%, with the latest data from CME Group's FedWatch tool showing a higher probability for the latter.
With Bitcoin, the picture is quite complex – while risk assets should benefit from the additional liquidity flow due to easing policies, observers have compared it not to the golden era, but to previous recessions.
Although rate cuts seem positive, they indicate deeper concerns such as declines in borrowing, spending, and investment,” financial analyst and investor Jacob King, CEO of the crypto newsletter WhaleWire, shared with followers on X last weekend.
King specifically mentioned the 2008 global financial crisis as the elephant in the room.
“Today’s warning signs are similar to those of 2008: rising unemployment, a decline in new home starts, falling real estate sales, and decreasing economic activity. Even the Fed's interest rate chart looks similar to 2007,” he concluded.
Additionally, other analysts are seeing a close correlation of Bitcoin with the increasing global liquidity situation as a basis for optimism.
Famous trader Rickus is among those preparing for BTC's bullish response. In his analysis on X, he stated:
