This is more of a fun observation than anything serious, but it’s still a pretty interesting chart. This is the weekly chart of Bitcoin - illustrating what happened to price in the past, following either a new Fed Chair appointment or re-appointment. Latest Status (as of May 12, 2026): The Senate confirmed Warsh to a 14-year term on the Fed's Board of Governors (51-45 vote). This was the key first step. The Senate is expected to vote on (and likely confirm) his separate four-year term as Chair as soon as tomorrow (May 13). Jerome Powell's term as Chair officially ends May 15, 2026. Warsh is poised to succeed him shortly thereafter (likely sworn in soon after confirmation). Most analysts and reports anticipate Warsh will officially take over on or right around May 15, in time for a smooth transition (he could even lead the next FOMC meeting in mid-June). This aligns with the historical pattern you’ve been tracking on the BTC chart. Keep an eye on news today/tomorrow for the exact swearing-in moment. Shoutout to @Bones_Trader777 on X for bringing this to attention.
