🧓 Bad luck for grandpa 🤣
Is Powell being charged criminally? The Fed is shaking like Bitcoin on bad news!
📉 What happened:
Jerome Powell's case has officially been transferred to the U.S. Department of Justice.
Charges include:
• misleading Congress;
• dubious spending of $2.5 billion on Fed building repairs;
• and a whole list of new violations that are just starting to emerge.
Everyone is already expecting his imminent resignation.
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🤔 Is this good or bad?
✅ Long-term — it's a plus:
• Trump will appoint his own head of the Fed
• The rate will go down to 1–2%
• The printing press will be started
• Markets and crypto will get fuel for growth
❌ But short-term — it's a minus:
• The market doesn't like uncertainty
• S&P 500, Bitcoin, Ethereum — a strong pullback is possible
• Altcoins will follow suit
• And all this could start as early as this or next week
Ps: Although Powell is dragging Yasha behind, he is truly a rational person in Trump's world.
🧠 Conclusion:
This will be a long-awaited correction that will cool down the overheated market.
❗️Don't abuse stop-losses on futures — it could wipe everyone out.
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Are you for or against Powell's resignation?
How will this affect your trades and strategy?