Thought of the Day 🧠
-The Clarity Act just failed to advance.
-Oil is above $100
-Treasury yields are sitting near multi-year highs.
-Markets are pricing in around a 92% chance of a Fed rate hike.
And yet…
Bitcoin is still holding around $75K.
With all this pressure, you could argue BTC should be trading much lower.
That tells me one thing: the market is stronger than the headlines make it look.
Will we still see one last shakeout before the new cycle begins?
$BTC
$BZ
$XAU
#bitcoin #crypto #FedRateWatch #BitcoinFalls4%
-The Clarity Act just failed to advance.
-Oil is above $100
-Treasury yields are sitting near multi-year highs.
-Markets are pricing in around a 92% chance of a Fed rate hike.
And yet…
Bitcoin is still holding around $75K.
With all this pressure, you could argue BTC should be trading much lower.
That tells me one thing: the market is stronger than the headlines make it look.
Will we still see one last shakeout before the new cycle begins?
$BTC
$BZ
$XAU
#bitcoin #crypto #FedRateWatch #BitcoinFalls4%