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In this cycle, the Bitcoin bull market aligns with the Fed's interest rate cut cycle. The Fed plans cuts starting in September and November, reaching lows by late 2024 or early 2025, coinciding with Bitcoin's peak in this cycle. This alignment indicates Bitcoin's potential surge due to Fed rate cuts and monetary easing.
As the Fed continues cutting rates, once it hits 1.0 (current rate: 5.5), the RMB to USD exchange rate may drop below 6.8! #BTC