Watch out for Bitcoin's reaction to Fed 'danger' later in 2023, warns LynAldenContact.
What could lie beyond that “catch-up,” however, could be less savory for bulls.The Fed is currently conducting quantitative tightening , removing liquidity from the economy to fight inflation after several years of mass liquidity injections, which began in March 2020.
If H2 proves to be Bitcoin’s reckoning, it would tie in with other warnings from market commentators regarding 2023., Arthur Hayes, former CEO of exchange BitMEX, has a much grimmer forecast for the year, likewise courtesy of Fed policy.
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