BTCs 2019 curse only QE can break
The market structure for $BTC has been deeply conditioned by central bank policy over the last five years. Since the start of 2019, we have observed a critical resistance ceiling—the mid-range of the current macro channel—that Bitcoin simply cannot breach without the explicit, massive liquidity injection known as Quantitative Easing (QE). This dependency highlights a fundamental problem: the current rally lacks the systemic fuel required for true parabolic expansion. Until we see a significant shift in Fed posture or a new, equally powerful catalyst, $ETH and the broader crypto market remain capped by this historical barrier. We are watching the liquidity taps, not the charts, for the next major move.
This is not financial advice.
#BTC #MacroAnalysis #Liquidity #FED
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