Bitcoin just passed the first part of its macro stress test — but the harder part may come next. The Fed raised rates by 25bp to 3.75%–4.00% and signaled that further tightening may still be needed. The immediate cross-asset reaction matters: the U.S. dollar climbed to a seven-week high, short-term Treasury yields moved higher, and markets sharply repriced the probability of another rate hike before year-end. Yet $BTC is still holding around the $76K area rather than extending the selloff. That resilience is worth watching, but I wouldn't confuse it with confirmation. The next question is whether Bitcoin can continue absorbing a stronger dollar and tighter financial conditions once the initial post-Fed reaction settles. If $BTC starts reclaiming lost levels while the dollar remains firm, that would be a more interesting signal of underlying demand. For now, I'm watching relative strength rather than trying to predict the next candle. Which signal would matter more to you here: $BTC reclaiming $78K, or the dollar and Treasury yields beginning to cool? #Bitcoin #Macro
Bitcoin is holding up surprisingly well against a much tougher macro backdrop. $BTC remains around the $77K–$78K area while U.S. 10-year Treasury yields have pushed toward 5% and markets are pricing a high probability of a Fed rate hike this week. Normally, higher yields and tighter financial conditions are a headwind for risk assets. That makes Bitcoin's relative strength worth watching. My key level isn't just whether BTC can trade above $78K before the Fed decision — it's whether buyers can defend the move after the decision, when liquidity expectations are repriced. A strong hold after the Fed would be constructive. A rejection alongside rising yields would make the rally much less convincing. What are you watching more closely this week: Bitcoin strength or macro liquidity? #Bitcoin #Macro