Quite the consistent pattern on $BTC around FOMC. Across the last eight meetings shown here, the direction of the week leading into the announcement has been opposite to the direction of the week that followed. Rallies into the meeting were followed by declines. Negative weeks going in were followed by positive weeks coming out. Understand that a lot of the positioning is happening before the announcement. In other words, “priced in.” We’ve consistently seen these changes in direction around cuts, holds and a hike. So far, BTC has already corrected 7% heading into the meeting. Yet the further it falls, the more people expect that same direction to continue. If history repeats, we continue to see blood this week, followed by green next week.