Bitcoin "To the Moon": Why Powell is the Key (And Not Because of Rate Cuts)

[Alpen]

Many Bitcoin analysts are waiting for the first Federal Reserve meeting. Fed Chair Jerome Powell could cut rates based on the latest inflation and unemployment data. An easing of US monetary policy could restart Bitcoin's long-term growth. But the real moon shot would come from Powell being removed from his post.


Donald Trump is dead set on taking control of the Federal Reserve. He already has his own man "on board" there, ready to cut rates on the president's command. A prosecutor friendly to Trump even opened a criminal case against Powell. And before that, they used the same tactic to remove a Fed board member who was too vocal against rate cuts. So, if Powell goes, no one on the Fed's Board of Governors would dare oppose a rate cut.


Losing independence in monetary policy would shatter global trust in the dollar, making Bitcoin the only viable store of value left. And when US inflation starts rising with rates held low, the BTC price will skyrocket on the back of a devaluing dollar.

[Kasabus]

An easing of US monetary policy could restart Bitcoin's long-term growth. But the real moon shot would come from Powell being removed from his post.

I don’t really get why Bitcoin’s growth is always credited to US politics. Yes, the US is a big market and rate cuts can boost risk assets, but Bitcoin was already moving up even before Trump won. Now it feels like every pump gets tied to Trump decisions like he’s the main driver.

US policy can influence liquidity, sure, but Bitcoin isn’t only a US story. It runs on global demand, its own cycles, and market structure too.
If BTC goes up, it’s not automatically because of one politician.

[Alpha Marine]

I don’t really get why Bitcoin’s growth is always credited to US politics. Yes, the US is a big market and rate cuts can boost risk assets, but Bitcoin was already moving up even before Trump won. Now it feels like every pump gets tied to Trump decisions like he’s the main driver.

Bitcoin's price can be credited to politics sometimes, whether negative or positive, but this user exaggerates it. He has previously said that the last Bitcoin surge was a "fakeout", that it will dip soon, and now he's saying the price is going "to the moon".
Monetary policies, political policies and political events as a whole can have an impact on the movement of Bitcoin, depending on how global it is or how big the market of the country is, but attributing every bitcoin movement to a particular person or policy is exaggeration, and we have been seeing this since Trump won the elections. It's now like Bitcoin was dormant before Trump took office, or Bitcoin wouldn't have grown without Trump.

[Free Market Capitalist]

And when US inflation starts rising with rates held low, the BTC price will skyrocket on the back of a devaluing dollar.

I have mixed feelings about this. On the one hand, individually, I prefer a low interest rate policy that will ultimately inflate assets that will beat inflation. But on the other hand, there are many people, including people around me, who are going to be even more screwed because they depend on a salary that is not going to keep up with inflation. A society with too much inflation is not good either, because then everything gets screwed up, and if you are rich, you will be better off than the poor, but societies with moderate inflation and a middle class that can maintain itself despite that moderate inflation are better for everyone.

[WillyAp]

Powell was put there by DT.
There is no guarantee that DT knows best. On tariffs he is plainly wrong, at least how he employs those.
Anything of above 10% causes a stir.   

[lixer]

Powell losing his power because Trump doesn't want him could have a very long term terrible implications.

There is a reason why FED reserves and politics are independent from each other, no matter how much you hate the decisions made by Powell, if he can be taken from power by the president, then it would mean that the next president would do the same and basically FED would be always filled with people who will do whatever president will tell him to do if they want to keep their job. That would be very dangerous and damaging.

[Joy_learns_crypto]

An easing of US monetary policy could restart Bitcoin's long-term growth. But the real moon shot would come from Powell being removed from his post.

I don’t really get why Bitcoin’s growth is always credited to US politics. Yes, the US is a big market and rate cuts can boost risk assets, but Bitcoin was already moving up even before Trump won. Now it feels like every pump gets tied to Trump decisions like he’s the main driver.

US policy can influence liquidity, sure, but Bitcoin isn’t only a US story. It runs on global demand, its own cycles, and market structure too.
If BTC goes up, it’s not automatically because of one politician.

The US politics is credited to making the news every time, I don’t know if there is a US president that has stared in the news more than Donald Trump.
Donald Trump made is that the success of bitcoin be credited to the US politics, Bitcoin’s growth should not be credited to US politics and if bitcoin is doing bad it should also not be attributed to US politics but when it was know that Donald Trump won the election people started to buy more bitcoin and the price grew during that time.

[Alpen]

An easing of US monetary policy could restart Bitcoin's long-term growth. But the real moon shot would come from Powell being removed from his post.

I don’t really get why Bitcoin’s growth is always credited to US politics. Yes, the US is a big market and rate cuts can boost risk assets, but Bitcoin was already moving up even before Trump won. Now it feels like every pump gets tied to Trump decisions like he’s the main driver.

US policy can influence liquidity, sure, but Bitcoin isn’t only a US story. It runs on global demand, its own cycles, and market structure too.
If BTC goes up, it’s not automatically because of one politician.

Donald Trump has chosen a powerful weapon: tariffs against specific countries and the world as a whole. Changes in these policies inevitably ripple through the global economy, and Bitcoin is no exception—it reacts to the US President’s words and actions in real-time.

It seems the entire world is now tethered to Trump’s decisions, and crypto is right there with it. This brings massive risks. For instance, what happens if there’s a conflict over Taiwan? What would that mean for the production of ASIC miners? And if the hardware supply chain breaks, what happens to Bitcoin then?

[Alpen]

Bitcoin's price can be credited to politics sometimes, whether negative or positive, but this user exaggerates it. He has previously said that the last Bitcoin surge was a "fakeout", that it will dip soon, and now he's saying the price is going "to the moon".
Monetary policies, political policies and political events as a whole can have an impact on the movement of Bitcoin, depending on how global it is or how big the market of the country is, but attributing every bitcoin movement to a particular person or policy is exaggeration, and we have been seeing this since Trump won the elections. It's now like Bitcoin was dormant before Trump took office, or Bitcoin wouldn't have grown without Trump.

Like anyone else, I make both short-term and long-term projections. I maintained that Bitcoin wouldn’t hit $100K right away, and so far, that call has been proven correct.

In the long run, I believe the dollar will lose ground to Bitcoin. As that happens, cryptocurrency will solidify its position as the ultimate safe-haven asset for people's savings.

[Furball808]

An easing of US monetary policy could restart Bitcoin's long-term growth. But the real moon shot would come from Powell being removed from his post.

I don’t really get why Bitcoin’s growth is always credited to US politics. Yes, the US is a big market and rate cuts can boost risk assets, but Bitcoin was already moving up even before Trump won. Now it feels like every pump gets tied to Trump decisions like he’s the main driver.

US policy can influence liquidity, sure, but Bitcoin isn’t only a US story. It runs on global demand, its own cycles, and market structure too.
If BTC goes up, it’s not automatically because of one politician.

US is a very powerful country. They are influential and they drive a lot of the global’s economic market but of course it doesn’t mean they are the only country that can drive the economy. But their influence can’t be denied either. It’s not just bitcoin that gets affected but other economic sectors.