Bitcoin is up about 13% since the Federal Reserve raised rates on September 16, with Wall Street funds doing most of the buying. according to BeInCrypto, the rebound came as the bad news was already priced in, higher rates stopped scaring buyers and the chart showed room to rise.

Spot Bitcoin ETFs took in $2.31 billion across September 17, 18, 21 and 22, while Bitcoin (BTC) gained 5.9% on September 18 and 6.7% on September 21. The move pushed BTC out of an inverse head and shoulders pattern, with resistance at $86,935 and a measured target of $117,247.