If the Federal Reserve will follow their own words, and shrink their balance sheet, prices will go down, including cryptocurrencies, real estate and stocks.
Bitcoin may still have a few bumps upside in times of panic, but will trend down.
But then the Federal Reserve may do with their balance sheet like they did with their interest rate: talk for months before making the first step.
Shrinking their balance sheet does not coincide with increasing inflation, which they also stated they will do, so 5000 in a few months may happen, but I doubt it.
You should also care about the rate of BTC/STEEM, which as a trend is promised to rise over time, but steep fluctuations above or below the trend line may present a short term opportunity to buy/sell STEEM for BTC.
But for the long term, BTC will rise more than STEEM which may go down over time since its amount is unlimited.