QE is more important that interest rates.Bitcoin / TetherUSBINANCE:BTCUSDTGTN671Guess what? The entire crypto rally of 2017 took place while the fed was rising rates. But here is the plot twist, QE was still intact back then despite the rising rates. The Fed started rising the rates from 0% to 2.50% all the way from Dec 2015 until dec 2018 (way after the top of dec 2017) But all while QE was still in place since sep 2013 until Jul 2019. A reminder that QE is way more important than the interest rates. What's the point of lowering the cost of money if there is no money to be borrowed in the first place ? What's the point of lowering the cost of money if the money itself is getting sucked out of the system via QT? The End of QT on Dec 1st is the most important event of all. The start of QE is the event that will send us all to valhala. Now imagine this: BTC pushed from around 15k all the way to 126k despite QT with minimal rate cuts. That's strength against all odds.