Global Macro Update: Fed Will Print, Bitcoin STUCK At $70,000, Rate Cuts

In this episode, Nik recaps an eventful week in economic releases and bitcoin price movement. He explains the latest developments in the labor market, analyzes bitcoin fundamentals and price behavior, considers the election's impact on Treasuries, and concludes with an opinion on the state of the Fed's ample reserves framework. His ultimate conclusion is that the Fed will be forced to expand its balance sheet.
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[@sully873]

Rarely hear this but this podcast channel is the BEST! I can’t believe Nik provides this all for free. Best education on markets!

[@user-nu5ww1el4q]

LOEVE THESE KIND OF VIDEOS. THANKS YOU. KEEP IT UP BRO!!

[@morpheusanalytics1493]

Nik, that was your best video. The short term treasury vs the 30 year view speaks volumes.

[@westra4]

Thx Nik

[@mskmsk7174]

Yet again, more invaluable information. Thank you.

[@zwelizungu3307]

Thank you Nik and Bitcoin Layer for this superb content!

[@engrahmed7122]

you are a blessing to us for this enlightening information.

[@Julian-pj2zi]

Thanks Nik, brilliant update as usual, and very well explained 🙏

[@Johnzorr]

Thanks Nik

[@bitcoinpoemspro1406]

Thx

[@chrchab]

Great,great video!

[@user-kf8cj4rx6d]

Thank you! Learnt loads from our channel:)

[@DEM78976]

Great video

[@chrisbowman3254]

so price isnt being manipulated good

[@auraoflight4429]

best

[@wolfmacbeth8979]

With this BTC-ETF, many hedge funds are now involved. If you look at the hedge funds’ futures positions, they are significantly short. I don’t think they are naked short; rather, they might be long on the ETF and short on futures as part of carry trades, or more accurately, for arbitrage.