Coin Bureau: BTC will rise

The window it was checked over

BTC closing prices, adjusted for splits. The shaded span is the one-year window: it starts at the first close after the video went public and ends at the last close on or before one year after the day the video was published.

What was said around it

rates jerome punched back by saying that the fed must reduce inflation at all costs because without price stability the economy will completely fall apart speaking of which you can find out how best to beat inflation using the link in the description so this brings me to the big question and that's what all of jerome's comments mean for the crypto market in the coming months in short it all depends on the inflation and economic data that comes out between now and late september when the fed comes back from its break while it appears that the current recovery rally could last until then there are a few wild cards coming up later this month that could cut the rally short the first is the pce figures for july which will come out on the 26th of august given that the pce is the fed's favorite inflation figure a high reading here could cause the markets to crash in anticipation of an aggressive hike the second wild card is actually scheduled for the same day and that's the revised gdp figures for q2 which will also be published on the 26th of august circle it in red folks if these gdp figures are revised up meaning the us is no longer in a technical recession this could embolden the fed

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.