Here’s how $BTC performed over 12 months around Fed policy shifts:
Start of QE (2012) → +900%
End of QE (2014) → -21%
Start of QT (2017) → +45%
End of QT (2019) → +16%
Start of QE (2020) → +1,080%
End of QE (2022) → -45%
Start of QT (2022) → +20%
End of QT (Dec 2025) →
From X
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