$92,500<\/a>, and some desk notes say a clean break above that could open a run toward $94K\u2013$95K.<\/p>\nWhy O\u2019Leary Is Skeptical<\/p>\n
O\u2019Leary has flagged higher prices in the economy and sticky input costs as reasons the Fed might hold off. Reports show US consumer prices rose at a 3% annual rate in September, the fastest since January, a datapoint he cited to argue inflation still matters. The inflation numbers are being watched closely by policymakers weighing the trade-off between jobs and prices.<\/p>\n
Liquidity Moves Add Fuel<\/p>\n
Reports have disclosed that the Fed quietly put more than $13 billion of liquidity into short-term funding, a move some analysts say has helped restore liquidity in money markets and supported risk assets.<\/p>\n
That liquidity boost, together with the pause in Quantitative Tightening, has been flagged by quant desks as one reason bullish momentum returned to crypto.<\/p>\n
Market Reaction<\/p>\n
O\u2019Leary\u2019s take is at odds with the market odds and with several analysts who see easier monetary policy as a tailwind for assets like Bitcoin. He is not alone in warning against reading too much into a single Fed decision, but many traders have already positioned for easing and that positioning has moved prices.<\/p>\n
What Traders Are Watching Now<\/p>\n
Traders say $90,000 is the key line for buyers, while $92,500 is the line sellers must yield for a higher move. A clean climb above $92,500 could point toward $94K and $95K, according to market desk notes. Liquidity flows and official Fed signals this week will likely determine whether those levels hold.<\/p>\n
Featured image from Unsplash, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"Kevin O\u2019Leary pushed back on what many traders are betting on, saying he does not expect the US Federal Reserve to cut rates in December and that such a move would not rock Bitcoin\u2019s price. The well-known investor\/entrepreneur said he is not investing as if the Fed will ease policy, and he thinks Bitcoin will […]<\/p>\n","protected":false},"author":0,"featured_media":117740,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-117739","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/117739"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=117739"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/117739\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/117740"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=117739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=117739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=117739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}