Macro· ★★★· bearish·

CoinShares: Bitcoin upside capped by 68.8% odds of December rate hike

  • —Spot demand holds BTC in a $80,000–$85,000 range
  • —Market-implied odds of a December Fed hike stand at 68.8%
  • —CoinShares says spot support alone is not enough for a breakout
Why it matters: A hawkish Fed path limits capital flows into risk assets, keeping bitcoin range-bound until the December FOMC decision.
#BTC
Source: Coinotag
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