This is exactly why $BTC is entering such an interesting phase. The market is no longer reacting to just one narrative. You now have politics, regulation, liquidity expectations, institutional demand and Fed policy all colliding at the same time. If Clarity odds are already moving toward 32%, that tells you traders are starting to price in a more crypto-friendly environment. A Fed hike would obviously create short-term pressure across risk assets, but Bitcoin is much stronger structurally than it was in previous cycles. Institutional access is deeper, global adoption keeps expanding and regulatory clarity would remove one of the biggest uncertainties hanging over the entire sector. If Washington gives crypto clearer rules while demand continues growing, even tighter monetary policy may only slow Bitcoin down temporarily rather than kill the trend. The real question isn't whether volatility comes — it will. The question is how much Bitcoin gets accumulated during that volatility before the next major expansion begins.