BTC 1D

I assume that during the second half of December the market will rise.

I expect that the U.S. Federal Reserve (Fed) will lower the interest rate by 0.25% on December 18.

Also on December 18, a press conference with the Fed Chairman, Jerome Powell, is expected. Market participants will closely monitor his statements, as they may influence the further dynamics of the market.

With all that said, I believe that prices for cryptocurrencies, including Bitcoin and altcoins, will rise. Ethereum and second-layer solutions (Layer 2, such as Optimism or Arbitrum) will rise faster than other altcoins.

In my opinion, we may expect another significant dump in the first half of January, and the second half of January may be more volatile, meaning there will be more price fluctuations in the market.