Are we in for a bullish couple of months?

I’ve been bearish since the start of the year (team 12k-13k mid 2023, I really want that discount now that I’m not on the verge of bankruptcy). Recent events have changed my views, however.

Tuesday’s CPI data shows that J.Pow might just have to hike the fed rates yet another 50-75bps next week. We’ve all seen how the rising interest rates have strained banks with SVB’s recent failure (hence the bankruns and the crypto/gold pumps).

The way I see it, this could go one of two ways:

1. Rates get hiked (as they should): potentially more banks fail, and people find safe haven in crypto
2. J.Pow pulls the rug to save the rich: we fall into recession, crypto dumps, and fiat becomes even more worthless (and I don’t get to buy eggs again this year)

I feel like scenario 1 is more likely to happen, and the bull run might just continue for a while.

What do you all think?

(Cue nobody knows shit about fuck)