$BTC | Fed minutes this week zero in on an October pause. Crypto Twitter is calling it bullish for Bitcoin already. On the desk, we never isolate a rate call. SatoshiMacro's Model folds the 2s10s yield curve and the dollar index into its Macro tier. That tier is just 5 percent of the 48-signal composite. SMM reads 38.2 right now. Neutral zone, as of this morning AEST. A pause gets priced into yield-curve steepening first. Spot follows later. My read: one headline will not move a 48-signal model much. It's a position classifier, not a forecaster. Five percent of the score will not flip Neutral into anything else.

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