Jackson Hole just nuked $BTC by $3k. Fed chair basically said "no easy money anytime soon" and the market folded instantly.
What happened:
• Rate hike probability jumped to 60%
• Treasury yields spiking
• Inflation still running hot above target
$BTC now stuck between Fed tightening and liquidity injections. Macro is the boss right now. Watch how price reacts at key support - this either holds or we're going lower.
What happened:
• Rate hike probability jumped to 60%
• Treasury yields spiking
• Inflation still running hot above target
$BTC now stuck between Fed tightening and liquidity injections. Macro is the boss right now. Watch how price reacts at key support - this either holds or we're going lower.