I discussed this with friends in the group for quite a while: a trader is still betting against the trend on an October rate hike, while holding short positions in BTC and the S&P 500.
This puts pressure on short-term sentiment; we’ll need more details to assess the long-term impact.
Like everyone else, I’m following the breaking news and thinking it through, but I wouldn’t claim to have a particularly accurate read on it.
$BTC .

#BTC

Just my personal opinion—please consider it rationally.