#Bitcoin
once again, people are hooked on the idea that FOMC meeting and interest rate decision will "decide" where BTC is going. They are wrong.
If you look at the chart, you will see one thing: BTC's recent history alone is lined up with impactful and severe events.
And now imagine not seeing these events on the chart. What would you think? Probably this:
1. "Yes, after 2021, a bear market was the only logical possibility. BTC surged after Covid, after Trillions of dollars were printed, after people were euphoric calling 100k and more!"
2. "In December 2022, that was max pain after >70% from the highs. The bear market was long and reversal usually happens below the 200 w SMA."
3. "In 2024, BTC broke the old all time high. IT was necessary to correct"
4. "In 2025, BTC broke 100k, after a 2.5 years rally, a longer correction was necessary."
So, there will always be any macroeconomic event. And strangely, these are always timed when it's max pain or max euphoria. Get used to it. It's a pattern, and it has been true for any asset throughout history.
2025 will still be good. The correction can last until Q4 worst case, but we will see another leg up.
Don't get distracted.