๐ week in short
$BTC ๐ $79,400 โ $74,910 โ $82,000 โ most dramatic week since August ๐ข
โ๏ธ CLARITY Act: 49-50 failed โ shelved until 2027
๐๏ธ Fed: +25bps hike โ rates at 3.75-4.00%, barely moved $BTC
๐ฆ ETF: +$6.2M net โ wild ride, Friday saved the week
๐ Fear & Greed: 73 โ greed, resilient despite chaos
๐ Next: December FOMC โ 70%+ hike probability
$BTC closed at $82,000 โ above where it started the week despite the CLARITY Act death and a rate hike. That price action tells you something important about the market's underlying strength. Two bearish catalysts landed simultaneously โ and $BTC finished the week at a new recent high. $80K is now support. The next target is $85K. But December FOMC with 70%+ hike probability is the wall ahead. ๐ฏ
#ClarityActFailed #RateHikes #dyor
$BTC ๐ $79,400 โ $74,910 โ $82,000 โ most dramatic week since August ๐ข
โ๏ธ CLARITY Act: 49-50 failed โ shelved until 2027
๐๏ธ Fed: +25bps hike โ rates at 3.75-4.00%, barely moved $BTC
๐ฆ ETF: +$6.2M net โ wild ride, Friday saved the week
๐ Fear & Greed: 73 โ greed, resilient despite chaos
๐ Next: December FOMC โ 70%+ hike probability
$BTC closed at $82,000 โ above where it started the week despite the CLARITY Act death and a rate hike. That price action tells you something important about the market's underlying strength. Two bearish catalysts landed simultaneously โ and $BTC finished the week at a new recent high. $80K is now support. The next target is $85K. But December FOMC with 70%+ hike probability is the wall ahead. ๐ฏ
#ClarityActFailed #RateHikes #dyor