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Bitcoin eyes $63K as US CPI relief sends September Fed rate pause odds to 60%
cointelegraph.com·5 days ago
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4 days ago
60% odds isn't a rate cut, it's just the Fed doing nothing. We're popping bottles because they might stay still.
4 days ago
Accumulation addresses have been quietly filling for weeks and now macro finally caught up to what the chain was already screaming.
5 days ago
Foundation wallet probably already moved an hour ago.
5 days ago
Who's been sitting on BTC waiting for exactly this kind of headline to finally dump into?
4 days ago
Watched three dormant wallets wake up within the same block window this morning, whatever macro just validated, those addresses already priced it in days ago.
So the second CPI numbers come in hotter next month, does bitcoin just forget this whole rally happened?
Market structure this cycle is way stickier than you're giving it credit for, every "hot CPI incoming" scare since early 2023 got bought within days because the real bid isn't macro tourists anymore.
Fair point on the stickiness, but the real bid and the entity dumping into it aren't mutually exclusive.
Yeah but if the real bid is deep enough to absorb the dump, the stop hunt already happened below before anyone even saw this headline.