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Pre-FOMC

Benjamin Cowen · · 31:19 · Watch on YouTube

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BTC near publication: $112,5234-hour candle close · 29 Oct 2025, 04:00 UTC · BTC/USDT

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  • This cycle (next 6–18 months): Leans down (timeframe is our reading): Bitcoin just tops out a few, you know, a couple months or so before quantitative tightening ends and you get you you you get like a a bare market in 2026 ▶ 30:48 Said again while their call of 6 Oct 2025 was open, so it counts once; that call was right: 123.5k when said, 85.8k on 6 Oct 2026 (−30.5%).

If this, then that

  • If The Fed stops quantitative tightening now, then no target given (this cycle): If they stop QT now, then we might be further along than we think, right? ▶ 28:58
  • If The Fed ends QT in early 2026, then no target given (this cycle): So, if the Federal Reserve were to end QT in early 2026, then it could absolutely make sense that Bitcoin then tops out in Q4 of 2025 ▶ 28:35

Their own position: Not said.

Dates named

  • FOMC meeting and Fed balance sheet / QT decision on 29 Oct 2025: Today we're going to talk about the upcoming FOMC meeting that's of course occurring on October 29th.