🌙 WEEK CLOSED. MAY BEGINS.
What a week it was.
MONDAY: BTC rejected $80K again
TUESDAY: Warsh confirmed by Senate
WEDNESDAY: FOMC 8-4 historic split.
Powell announces he stays on board.
Mag 7 report mixed-strong earnings.
THURSDAY: GDP 2.0% beats fears.
PCE 3.2% in line. BTC recovers.
FRIDAY (TODAY): May 1 begins.
BTC back above $77,000.
THE TAKEAWAY FROM THIS WEEK:
The economy is resilient at 2% GDP.
Inflation is sticky at 3.2% PCE.
The Fed is divided 8-4.
Powell stays on the board until 2028.
Warsh takes over in 14 days.
Tech earnings were strong.
Crypto bounced after the sell-off.
WHAT TO WATCH THIS WEEKEND:
. SEC Clarity Act Roundtable — May 3
Could shift odds from 47% back up.
. Any Iran diplomatic developments.
Ceasefire remains fragile.
. Treasury 10-year yield direction.
Key variable for $80K attempt.
MAY IS GOING TO BE HISTORIC.
Three potential catalysts in one month:
1. Warsh as Fed Chair May 15
2. SBR framework within weeks
3. Clarity Act Senate markup
"The week that just ended was about
surviving the noise.
The month that just started is about
positioning for the signal." — Jack
📩 jackdailycryptobrief.beehiiv.com
⚠️ Educational only. Not financial advice. DYOR.
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