Fed balance sheet adds $393B in two weeks — Will this send Bitcoin price to $40K?

An expanding balance sheet — with or without QE — has proven bullish for Bitcoin in the past. This correlation will continue if the banking crisis deepens, according to Stack Hodler, the author of crypto-focused Stack Macro newsletter."BTFP, Swap Lines, TPI - It's All QE," the analyst"It all leads to balance sheet expansion and fiat currency dilution despite plenty of Central Bank fans that will tell you otherwise.

From a technical perspective, Bitcoin price is well-positioned for a run-up toward $40,000 by June, or 50% higher from today's price.As illustrated above, the upside target originates from Bitcoin'sThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

when a bank has a problem, how can you withdraw cbdc money to keep it outside the bank? hehehe

To consolidate power for Federal Reserve the intentional crash of economy will phase out regional banks and destructive regulation that targets decentralized blockchain will allow monopoly control for CBDC only.

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The US Federal Reserve's balance sheet has surged by nearly $94.5 billion in the past week, a $297 billion increase since the banking crisis started. What do you think this will do to the $BTC price?

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Its not QE because it is not lent out to various people. It is flushing system w cash as backstop thats it. God sakes, learn finance 101 would ya?

$40

we'll see

Yes.

damn sell sell

i think it needs to cross 30 before eyeing 40

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