Sell BTC by Aug 18, 2026.

Posted here a few days ago about the Fed pivot trade being dead. The 48 hours since have made the case look stronger, not weaker. Kevin Warsh was confirmed May 13 in a 54-45 vote, most divisive Fed chair confirmation in history. Powell handed over the keys. The handover day already saw a 4.1 percent drop on the S&P. Historical base rate since 1930 for the S&P after a new Fed chair takes office: 5, 12 and 16 percent drawdowns …