Kevin Warsh speaks in 5 days as markets await Fed easing signals that could extend the BTC rally or trigger its biggest macro test.

According to @QCPgroup, BTC is showing tentative signs of recovery as liquidity expectations improve following dovish remarks from Fed officials Williams and Miran, source: @QCPgroup (Nov 24, 2025). According to @QCPgroup, those comments pushed the market-implied probability of a December rate cut to 75%, up from 30–40% last week, source: @QCPgroup (Nov 24, 2025). According to @QCPgroup, overall sentiment remains fragile after a roughly 30% drawdown, underscoring a cautious backdrop despite improving liquidity, source: @QCPgroup (Nov 24, 2025).