<Proxy Fed Rate's monthly change vs. Bitcoin price monthly change>

2024. 7. 6. 03:18U.S. Economic Stock Market Outlook

<Proxy Fed Rate's monthly change vs. Bitcoin price monthly change>

In addition to the base rate, the Proxy Fed rate provided by the San Francisco Fed includes quantitative measures such as the degree of quantitative easing/tightening and a dot plot (forward guidance)

(It would have been better considering the absolute level of the Proxy Fed interest rate and the speed of change.) A simple comparison shows that Bitcoin has been steadily influenced by the Fed policy since its birth

So the argument that "Bitcoin has nothing to do with Fed's policy" just by looking at the base rate can be a really silly argument, and investing in Bitcoin without worrying about Fed policy can be said to be a really dangerous investment

It could be the irony of the asset that arose against reckless monetary policy..

From an investment point of view, it will be helpful to refer to the coin price decline as in April when you are shaken or want to take a mid- to long-term direction

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