Everyone is saying Kevin Warsh is pro Bitcoin.

But he is known to be a hawk. He is strongly against inflation. This means he will not want low interest rates, but high ones. This means he is against quantitative easing. He is against everything that sends crypto.

I’m not finding many reports on what his impact on the crypto market will be but from what I’m gathering it does not sound bullish at all.

I was hoping his appointment would possibly stir a longer term bounce into a lengthening cycle.

The Bitcoin chart looks like it’s ready to puke into true bear market confirmation. What are your thoughts and what are you hearing?

submitted by /u/TheRealTheory001 [link] [comments]r/CryptoCurrencyRead More

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