POWELL’S QT PIVOT – LIQUIDITY WINDS SHIFT BACK TO RISK ASSETS
Jerome Powell just signaled what markets have been waiting for: the Fed is nearing the end of Quantitative Tightening and preparing for a turn toward rate cuts. That’s not just a policy note—it’s a liquidity pivot. Bitcoin instantly reacted with a 3% rebound, now consolidating near $110K as traders price in fresh liquidity inflows. On-chain metrics from CryptoQuant show renewed whale accumulation, while RSI reflects bullish divergence—classic signs of early positioning before a major risk-on wave. With gold stretched and yields softening, Bitcoin could soon reassert itself as the market’s preferred hedge for the next liquidity cycle.