Corporate BTC holder weighs selling entire stack

Even as the Binance hack triggered a market selloff, large Galaxy Digital-linked wallets accumulated 1,900 BTC (~$148M) within 4 hours, and Bitcoin quickly recovered back above $78k — with bottom-callers growing louder.

Gold, BTC, and Nasdaq futures reversed all Wednesday FOMC-day gains on Thursday, consistent with an 80% historical pattern — market still pricing a December rate hike.

Bitcoin was knocked back to support in a single candle post-FOMC, with traders calling for patience amid a choppy environment and multiple macro events still ahead (BOJ, midterms).

The Fed is expected to hold rates today, with markets pricing an 81% chance of a December cut. BTC and equities have been in a low-volatility grind ahead of the decision, with traders watching the $80K BTC level closely post-announcement.

Multiple crypto traders see BTC consolidating at key macro support near $80k with shorts getting squeezed; base case is a grind higher once FOMC and macro events clear.

Bitcoin traders are debating the FOMC reaction, with some noting the pattern has flipped from bearish to bullish since June's low, while macro tailwinds from Iran and Russia are compressing risk premia and supporting crypto into the decision.

All-In podcast host Jason Calacanis reignited the Bitcoin bear debate, predicting a retest of $57k on continued ETF outflows. Galaxy Research and on-chain data from Glassnode offered the contrarian case that the bottom may already be in.

Multiple traders and macro observers are flagging caution ahead of the Fed decision, with BTC chart manipulation signals spotted and the Singapore dollar consolidating on risk appetite alone.

Bitcoin fell below $80,000 even as broader equity markets closed green. Analysts are watching $80K as a key support level heading into a critical macro week featuring FOMC, earnings, midterm elections, and major IPO filings.