Fed Hiked 25bps, Yet Bitcoin Hits $85K? Here's Why
Everyone expected a selloff. We got the opposite.
- Fed delivered a 25bps hike, odds were 90%
- BTC pumped +5.5% to $85.9K, $700M in positions liquidated (mostly shorts)
- Total market cap back to ∼$2.7T, Sentiment at 71 Greed
My take: Institutional ETF inflows are absorbing the rate hike pressure. As long as BTC holds $80K, this isn't just a short squeeze - it's a trend shift.
Is this a one-off hike or start of a new hiking cycle? What are you doing with BTC right now?
#FedRateWatch #Bitcoin #BTC #FOMC #CryptoNews
Will BTC hold $80k support this week?
Everyone expected a selloff. We got the opposite.
- Fed delivered a 25bps hike, odds were 90%
- BTC pumped +5.5% to $85.9K, $700M in positions liquidated (mostly shorts)
- Total market cap back to ∼$2.7T, Sentiment at 71 Greed
My take: Institutional ETF inflows are absorbing the rate hike pressure. As long as BTC holds $80K, this isn't just a short squeeze - it's a trend shift.
Is this a one-off hike or start of a new hiking cycle? What are you doing with BTC right now?
#FedRateWatch #Bitcoin #BTC #FOMC #CryptoNews
Will BTC hold $80k support this week?
Yes, $90k next.
No, back to $75k.
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