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the market reaction to yesterday's FOMC is a reality check for those who are sidelined or waiting for much lower on crypto assets
we just had one of the most hawkish FOMC meetings in recent times, with Powell practically going scorched earth and taking a 'markets be damned!' approach in his comments
yet $BTC barely budged and is now trading back above $118k
this is coming after we learned last week that an ancient Bitcoin whale offloaded $10 billion worth of BTC while the market still barely reacted
and all of this is happening during the summer period, when markets are usually in a lull or general corrective phase
believe it or not, max pain here is BTC and altcoins/memecoins going aggressively higher and leaving bears sidelined and in pain
HIGHER