If you've been watching bitcoin, you probably noticed the pullback yesterday. It After the FOMC, the drop from $108 000 to $99,000 was made. Fed Reduced rates Jerome PowellThe Fed ChairWhen asked about the Strategic Bitcoin Reserve, said: "We're not allowed to own bitcoin and not looking for a law change,". The Market, as usual overreacted and dumped bitcoin. But Let me tell you something: This dip? It's nothing to worry about.
First All, Jerome Powell's comments shouldn't have surprised anyone. The Fed doesn't control Bitcoin policy—Congress does. David BaileyBTC’s CEO, Mr. Inc.. even said this. Strategic Bitcoin Reserve You would not have "nothing to do with the Fed. It'd be housed at the Treasury." So, Powell's comments are irrelevant when it comes to a Strategic Bitcoin Reserve The USA The After its recent explosion, the market simply needed to calm down.
And honestly, dips like this are healthy—especially in a bull market. This isn't my first rodeo. I've been through three bitcoin bull markets since I jumped in back in 2016, and trust me, these pullbacks are totally normal, and they're part of the process. They Shake out the weak, build up support and prepare for bigger things. From my experience, we've only just entered this bull market, and the real fireworks aren't coming until 2025.
Think Here’s what you need to know: Trump hasn't even taken office yet. His The administration will likely push for pro-Bitcoin Next year’s crypto space could be massive, thanks to the new regulations and the increasing adoption of the technology by institutions and governments.
So, don't panic. Don't let the short-term noise shake you out of the long-term game. InsteadUse these pullbacks in your favor. I'd personally be buying the dips, stacking sats, and preparing for what's ahead.
This Article is an Take. Opinions expressed are entirely the authThe following are some examples of how to use's and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.
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