🔥 Review the Fed's 10-year interest rate cycle: Where will Bitcoin go under the deduction of three paths?
In the past decade, Bitcoin’s bull top and bear bottom have been a mapping of the Federal Reserve’s interest rate policy.
📈 Top, often happens when the rate hike is expected to be the strongest
📉 At the bottom, it is accompanied by the expected turn to rate cut
Now, the market is at the fork in three ways:
1️⃣ Restart of interest rate hike → Second bottoming out?
2️⃣ Rate cut in the second half of the year → Go to the top after fluctuation?
3️⃣ mid-year interest rate cut → Bull market accelerates?
These paths determine how to go next for Bitcoin.
This article will disassemble the BTC trend in three situations and understand the game logic of macro + price at one time. 👇🧵