• That setup is live: the Fed hiked September 16, paused October 28.
• The closest match is 2018, when Bitcoin fell 42% between the midterms and the December hike.
• Seven cases is a small sample, but so far the record is 0 for 7.
#Bitcoin #Macro
BitcoinNews on Nostr: Bitcoin has finished lower 30 days after every Fed hike since 2016 that came right ...
Bitcoin has finished lower 30 days after every Fed hike since 2016 that came right after a one-meeting pause, with a median drop of 2.4%, per Crypto Briefing research.
• That setup is live: the Fed hiked September 16, paused October 28.
• The closest match is 2018, when Bitcoin fell 42% between the midterms and the December hike.
• Seven cases is a small sample, but so far the record is 0 for 7.
#Bitcoin #Macro
• That setup is live: the Fed hiked September 16, paused October 28.
• The closest match is 2018, when Bitcoin fell 42% between the midterms and the December hike.
• Seven cases is a small sample, but so far the record is 0 for 7.
#Bitcoin #Macro