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Don't remind me again today

Bank of America's chief investment strategist Michael Hartnett just dropped a bold take on the Fed's next move. According to him, the central bank will have no choice but to slash rates soon—and here's the kicker: $BTC might be the earliest signal that policy capitulation is coming.



Hartnett's logic? Bitcoin has historically acted as a leading indicator when markets sense shifts in monetary policy. If the Fed's about to blink, crypto could sniff it out before traditional assets even react. With inflation still volatile and recession fears lingering, the pressure on Powell's team keeps mounting.

The question now isn't if the Fed cuts—it's when. And if Hartnett's right, watching Bitcoin's price action could give traders a head start on positioning before the official pivot happens. Rate cuts typically fuel risk assets, and BTC tends to front-run that liquidity wave.
BTC-0.43%
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ImpermanentSagevip
· 11-26 07:20
btc smells the wind... Not bad, is the fed really going to cut rates this time? I bet Powell can't hold on for long.
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MetaRecktvip
· 11-26 07:13
Hartnett's comments are indeed bold, but can Bitcoin really sense a Fed pivot? I feel this logic is a bit too idealistic... In fact, rather than waiting for BTC's signals, it's better to focus directly on the changes in the wording of the monetary policy meetings. Historically, those "leading indicators" often end up being post-event analyses. Rate cuts are indeed a matter of time, but when exactly is anyone's guess. However, I agree on one point - risk assets are indeed waiting for a policy shift. It feels like the market is already pricing this in, and the recent rise in Bitcoin might just be reflecting those expectations. If the rate cut cycle comes, BTC will certainly benefit. But we still need to watch out for other Black Swan Events causing disruptions. Hearing this kind of leading indicator talk too much feels a bit formulaic. Real turning points often come unexpectedly.
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LucidSleepwalkervip
· 11-23 18:39
Ha, the BTC sense is indeed sharp, but not many dare to bet on it.
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SignatureVerifiervip
· 11-23 10:57
so hartnett's claiming btc is some sort of mystical fed-whisperer now? technically speaking, the correlation data here requires further auditing before we start treating it as gospel... historically signals get muddied once everyone's watching for them. trust but verify, tbh. insufficient validation on that "leading indicator" thesis imo.
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GweiTooHighvip
· 11-23 10:57
BTC's instincts are truly incredible; it knew long ago that the Fed was going to give in.
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GateUser-1a2ed0b9vip
· 11-23 10:55
btc is responding, while the fed is still hesitating, I bought into this trap logic.
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DefiPlaybookvip
· 11-23 10:51
According to on-chain data and historical trends, the probability that BTC is indeed reacting in advance is quite high. However, there is a detail worth following — traditional financial institutions are only now realizing this, indicating that the gap in market perception has become very small. Risk warning: If the Consensus is too strong, the possibility of Reverse operations cannot be ignored.
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ser_aped.ethvip
· 11-23 10:50
This guy Hartnett always comes up with something different. The way BTC smells out interest rate cut signals is quite interesting... But wait, is this just digging a trap for retail investors again?
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MevWhisperervip
· 11-23 10:39
I'll just take Hartnett's comments as a hint about something... Bitcoin's instincts really are sharp, half a step ahead of traditional finance.
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HashBanditvip
· 11-23 10:34
ngl hartnett's been around the block but calling btc a leading indicator feels like cope when we don't even have a clear macro picture yet... back in my mining days we coulda pumped on less tbh
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