Buy The Fed Pivot (BTFP)

Last night the Fed introduced a “Bank Term Funding Program” (BTFP)

• Watch Bitcoin rally.

• Last night the Fed introduced a “Bank Term Funding Program” (BTFP) that basically allows banks to receive loans that match the par value of their assets. Link Here. (Bullish blanket program)

• Goldman just called off the March rate hike "in light of stress in the banking system."

• Keeping it short: Regional banks below the $250B threshold…