FOMC calendar for 2022 is out here: https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm
In the minutes that were released this week, they already disclosed plans for hiking rates as much as 3 times this year.
On 25th Jan, the FOMC meets again, and is widely expected to announce increase or even completion of tapering, setting up the stage for the first rate hike in March 2022.
We have already seen how risk assets like crypto fare under looming threat of interest rate hike. Anyone who knows a thing or two about markets know that this is not a good time to be having a lot of exposure to volatile assets. The hikes have not even began, the crypto in particular has a strong possibility of crashing further.
Yet all the influenzas from 3 arrow capital Su Zhu to Kyle Davies to Novogratz are telling their followers to buy the dip. All of them have put out public calls that the bottom is in. In Su Zhu's case its even more ironic that he called a bottom at 50k and 44k too, and is doing again now.
Kyle Davies even more funny, he was missing for a month or so, literally just appeared and posted he got back from a meditation where he saw future ATH, and the price dumped 1k within minutes of that. Lmao.
The whole thing is just psy ops while the lamb is being slow walked to the slaughter house.
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