Bitcoin price retargets $119K as treasuries buy 28K BTC in two days

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Bitcoin market sentiment shrugged off a hawkish Fed FOMC meeting in an instant amid fresh promises of a US strategic Bitcoin reserve becoming a reality.

Key points:

Bitcoin ditches its latest dip as strategic reserve hopes replace nerves over Federal Reserve policy.

BTC price aims for $119,000, gaining nearly 3% versus FOMC meeting lows.

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