Hello!
Finally we got good news and the FED cut rates 50 basis points.
This are good news, as it means that they shifted their focus from tightening the economy to stimulus mode.
Of course this is oversimplifying everything, but sometimes it is what it is. I'm more bullish than ever, this is going to explode soon. Plan accordingly.
At the time I'm writing this Bitcoin is trading at $60,000 USD. Still far from the $100,000 dollar mark. I have been waiting for this moment for 2 years, and now I'm excited.
This has been the FED first cut in 4 years, we have something to celebrate.
The "boring zone" of Bitcoin is 60k, it's clear that 60k is the past 10k. If you are old enough to remember what happened after we broke 10k you should be excited.
PlanB posted a photo stating this, see below:
The photo is self-explanatory, the time is on our side. They will print again like crazy, they have to pay the massive amount of debt and the only way out is to brrrrrrrrrrrrrrrrrr!
There is no politician that have the guts to cut spending. The United States doesn't have an income problem, it has an expense problem. The other countries too, but you know, USD is the global reserve currency and until it doesn't change, we are at their hands.
I hope you had a great day!
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