$BTC This week was very hot and started with the FED leaving the rate unchanged, and now we finally know why: Powell simply doesn't like Trump! 😂
Powell noted that tariffs can increase inflation and unemployment, how? All at once? The goal of tariffs is to make trade fair and move the production of the largest companies to the USA, which will create jobs, tax revenues, reduce logistics costs, and stop the leak of innovations. But if production is not moved to the USA and the tariffs remain cumbersome, then that's a problem.
Immediately after Powell's speech, Trump announced the lifting of restrictions on chips, and the rally took off.
The entire week was dedicated to deals, with India, with the UK, with China, and then deals with Middle Eastern countries.
Other news reflected the creation of conditions for the influx of new liquidity into the market, regulation, mass adoption: the stablecoin law, Trump's company launched its stablecoin, Black Rock met with the SEC.
That's all, I wish you successful trades, expect the release with technical analysis tomorrow.
