🚀 Crypto’s unstoppable bull market marches on! Despite Fed-induced volatility, institutional adoption, ETF flows, and blockchain innovation are powering a multi-year boom. 🌍💻
📉 After the Fed cut rate projections, $BTC dipped, wiping out $600M in leveraged long positions. But @Matt_Hougan of Bitwise isn’t fazed. He calls it a hiccup, not a trend reversal.
"The Fed is less relevant to crypto than it has been in the past," he notes. 📊
The mega-trends are intact. Even bitcoin's 10-day EMA ($102K) staying above its 20-day EMA ($99K) signals resilience. 🌟
This is just the beginning of a multi-year run. Curious how it all unfolds?