Bitcoin reaction to FED RATE choices since 2021BitcoinBITSTAMP:BTCUSDOrriginal It is really very simple Back in 2021 and 2022, Bitcoin PA did what it was intended to do and rate decisions did not directly inpact Bitcoin at all. We had the traditional 9-% pull back, as we had had in previous cycle. The impact in the rising Rates was on companies in the Crypto Sphere, that suffered as rates were increased. Repaying th eloans became intolerable. Lets look at this cycle, from late 2022 to current day Despite Steep Rate rises in late 2022, Early 2023, Bitcoin Price and trading Volume INCREASED.# In Late 2022, you can see that a steep 75 point increase did not phase BTC from trying to rise but the impact on crypto companies and Banks began scaring people and the next 75 point rise tipped many over But Bitcoin found a floor and remained there. Then we had a 50 point rise and PA remained were it was...NO IMPACT> Then we had a series of 3 x 25 point rises. Bitcoin Rose through the first of those and fought back in the other 2, dipping slightly as the OverSold MACD cooled off ( this was on lower time frames )......The ONLT reason for the Range to lower prices Weekly MACD The Green box shows the period that BTC PA ranged, March to September 2023 THIS was the defining period for BITCOIN Once it became cheaper to borrow nd ETF's were allowed. off we went. Is Cheaper borrowing likely to sustain Bitcoins rise ? OF COURSE But please remain cautious. 100K -> 110K usdt is the line of possible rejection and has potential to enter Bitcoin into a Deeper Bear. REMEMBER. BITCOIN is NOT effected by Rates, as we saw in early 2023, and If a BEAR Market is required, then it will happen no matter if Rates are lower. For Me, I think we will see a rise, a Dip and then, around March next year,we will see the defining moment that will decree where we REALLY go MACRO events can always accelerate that