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FedWatch 138 - Why Aren’t Markets Crashing?

Bitcoin Magazine Podcast

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Bitcoin Daily Chart

Bitcoin is a $550 billion asset, half a little bit more than halfway back to a trillion. Bitcoin bounced perfectly on the 200 day and rallied almost 50%, which is pretty crazy. I've been very impressed by Bitcoin's positive reaction to really the sell the news event that was yesterday with the FOMC meeting and raising rates. And this chart just shows the best trade that you could have made here is selling the news on the merge. You see that all the time in Ethereum. So when they got to get their next hard fork going, is that Shanghai or whatever their next one is? They got to get that going.

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