Bitcoin (CRYPTO: BTC) has dropped 10% within days of each of the last six FOMC decisions,—and today the Federal Reserve meets under new Chair Kevin Warsh for the first time.

Two Words From Warsh Will Move Bitcoin: Transitory or Persistent

Analyst Andre Jek laid out the two-scenario framework traders need to watch. If Warsh uses language suggesting Iran war inflation is temporary, that dovish read sends risk assets higher. 

If he signals inflation is persistent, markets sell off. A third path matters just as much: any mention of bond market stress or Fed tools to support Treasuries signals quantitative easing is coming, and historically that sends gold and Bitcoin up almost immediately.

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