Bitcoin is shrugging off bad news, which is a bullish sign for holders.

• Three Fed officials voted to raise rates at the latest FOMC meeting, and the market now expects two rate hikes before year-end.
• Normally that kind of hawkish news would push Bitcoin lower, but it isn't dumping.
• Bitcoin has had plenty of chances to fall on bad news and keeps holding up.
• Bear markets tend to bottom on bad news, just like bull markets top on good news — a hint the downside may be limited.

Outlook: If Bitcoin keeps refusing to drop on bad headlines, that resilience points to a possible bottom forming.

## Bitcoin Levels No specific Bitcoin price levels given in this video.