Is The Bitcoin Bull Run Over? Fed Chair Powell Just Killed QE Hopes

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🚹 Guess What Just Killed Your Dreams of Easy Money? đŸ˜±

So, picture this: Jerome Powell strutted into Congress on Tuesday, all serious in his snazzy suit, and just like that—*bam*!—squashed our hopes for more quantitative easing (QE) faster than I squash my ex’s number in my contacts. He basically said, “QE is a tool we only use when rates are at zero,” which, spoiler alert, is not happening anytime soon. So if you were waiting for another crypto Christmas, I suggest checking your calendar. 🎄

Macro analyst Alex KrĂŒger, the unofficial “thank you, Captain Obvious” of the financial world, chimed in on X (the bird app, not the mysterious site you hope your parents never find) to remind us that we’re, like, eons away from any QE action. Tagoo, bless their heart, thinks we just need to stop QT (quantitative tightening) and all will be well. KrĂŒger shot back that this is going to take longer than it takes my neighbor to fix their 10-year-old lawnmower. ⏳

Felix Jauvin, the podcast host with opinions sharper than my eyeliner skills, declared that for all the “QE is coming” dreamers out there, Powell’s words should be enough to wake you up faster than a triple espresso. Seriously, you don’t want QE in the mix—that’s just code for “everyone is in a world of hurt.” 🚹💔

And just when you’d think the news couldn’t get any more riveting, Jauvin spins a yarn about the economy shifting from stagnation into a full-on disco party, where bull markets can thrive without relying on those “monetary plumbing tricks.” He calls it an “economic golden age.” Gold? Antiquated. Disco? Now that’s what I call living! đŸȘ©âœš

Meanwhile, Dan McArdle, the wise owl of crypto, advises us to keep our hope alive because believe it or not, the economy can still be “risk-on” while we avoid zero-interest polka parties. A steady economy could still—that’s right—support Bitcoin’s little rocket ship effect. 🚀

Julien Bittel, aka Mr. Macro Mastermind over at GMI, shows us that there’s a whole spice rack of liquidity besides QE, and though Powell is taking a nap on QE, other parties (ahem, China) might stir the pot and work some magic. Who knew liquidity needed a team of influencers? 😂

Kevin, our crypto oracle, waves his crystal ball and reminds us we’ve never encountered a macro cycle peak in BTC Dominance while QT is in play… and wow, like, can we just get a hashtag for this? #SadButTrue 😂. He’s feeling cautiously optimistic for Q2 but warned us that those calls for an altcoin season are starting to resemble an ongoing rerun of a soap opera nobody watches anymore. đŸ“ș

Oh, and by the way, BTC is trading at $96,334—assuming it hasn’t just taken a nap for the afternoon. đŸ’€

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2025-02-13 01:36