🚨Barclays statistics show that since 1951, during the first six months after seven Federal Reserve Chairmen took office, the S&P 500 averaged a pullback of about 16%.
Crypto and $BTC are even more heart-wrenching:
👉In 2014, Yellen took office → BTC fell from 1000 to 170, a drop of 84%
👉In 2018, Powell took office → BTC fell from 17000 to 3200, a drop of 73%
👉In 2022, Powell was re-elected → BTC fell from 48000 to 19000, a drop of 61%
Three leadership changes (including re-election), three initial halving, a hit rate of 100%.
A bit scared, can we escape this time?! 😂

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