This week has it all
$BTC
down to 65K, but
$BTC
still climbed to 78K 🔥
DXY is falling from its peak. The 10-year yield has pulled back from 5%. The market is breathing again after the most intense week of the year.
Why DXY and yields are dropping:
The big events are over. The Fed has hiked. The BOJ has hiked. The market no longer has any fresh reason to push the dollar and yields even higher. A post-event pullback is normal.
This week brought CLARITY’s failure, the most hawkish Fed in 3 years, yields above 5%, and the BOJ at its highest level in 31 years. Four bad pieces of news all at once.
BTC didn’t just return to 65K—it went up to 78K.
When the maximum bad news hits and the price doesn’t drop any further, that’s a more important signal than any chart pattern.
What the market is absorbing:
Not this week’s news anymore. It’s already digested. Now it’s waiting for September CPI at the beginning of October.
Soft CPI → the December hike is less certain → weaker DXY → BTC tests 79K–80K.
Hot CPI → the December hike is almost certain → continued pressure → 73K–74K is the next test.
Next week has no major events. The market will quietly accumulate.
$BTC
down to 65K, but
$BTC
still climbed to 78K 🔥
DXY is falling from its peak. The 10-year yield has pulled back from 5%. The market is breathing again after the most intense week of the year.
Why DXY and yields are dropping:
The big events are over. The Fed has hiked. The BOJ has hiked. The market no longer has any fresh reason to push the dollar and yields even higher. A post-event pullback is normal.
This week brought CLARITY’s failure, the most hawkish Fed in 3 years, yields above 5%, and the BOJ at its highest level in 31 years. Four bad pieces of news all at once.
BTC didn’t just return to 65K—it went up to 78K.
When the maximum bad news hits and the price doesn’t drop any further, that’s a more important signal than any chart pattern.
What the market is absorbing:
Not this week’s news anymore. It’s already digested. Now it’s waiting for September CPI at the beginning of October.
Soft CPI → the December hike is less certain → weaker DXY → BTC tests 79K–80K.
Hot CPI → the December hike is almost certain → continued pressure → 73K–74K is the next test.
Next week has no major events. The market will quietly accumulate.
