this week brought two headlines that usually sell crypto. price went up anyway. first the Clarity Act failed in the Senate. it needed 60 votes to even start debate and did not get them. the next day the Fed raised interest rates by 0.25%, to 3.75%–4.00%. that was the first hike of this cycle. tighter rules plus tighter money is normally risk-off. instead $BTC bounced into the weekend. traders who were short got liquidated. a short is a bet that price will fall. when price rises fast, the exchange closes that bet. CoinGlass saw about $345 million of those forced closes in 24 hours. $208 million were shorts. $137 million were longs. that squeeze pushed $ZEC first. bitcoin only moved back toward $76,400. it has not taken back $76,800, the August support that broke. $350 million of liquidations can lift a thin book. it is not a giant wipeout. ETFs were already showing net outflows on a 7-day average, and Coinbase was cheaper than Binance. the catch is positioning. if everyone is short into a hike that was already expected, price can bounce on bad news. that bounce only sticks if $76,800 is reclaimed. so the news was bad. shorts paid for it. support is still broken until that level comes back. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# $BTC $ZEC