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Oil broke $100 a barrel this morning for the first time since July, the 10-year yield sits at 4.8%, and the odds of a Fed hike next Wednesday are close to a coin flip. Bitcoin's answer: a daily golden cross on Monday, a dump on Tuesday, and a bounce into all of it. In this episode: the box Bitcoin is trading in (the $80K line above, the orange weekly Trend EMA below) and the one weekly close that settles the breakout question, Tuesday's four hour candle that wicked under the line and closed above it, what CoinDesk's count of every Bitcoin golden cross actually says (12 printed, 9 faded inside a year, 3 ran) and Ben Cowen's rule for reading the bounce, the five dates between now and the Fed (Thursday's upsized Treasury buyback and the ECB, Friday's CPI, Sunday's close, Tuesday's CLARITY vote, Wednesday's FOMC), the first ETF flow print since the close, Strategy's zero Bitcoin week next to Strive's 1,375 BTC buy, and the Daily Edge: the planning fallacy, and why every timeline in this market runs late.

#Bitcoin #GoldenCross #FedRateHike #cryptonews

This video is for educational and informational purposes only and should not be considered financial, investment, or legal advice. Always do your own research before making financial decisions. - See full disclaimer below.

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Партнёрские программы
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