Bitcoin (BTC) hit new records above $106,000 during Asian trading hours, but fell to $104,500 on concerns about a Fed rate cut.
- The Fed is expected to cut by 25 basis points. However, this cut may not raise expectations too much.
- The interest rate decision and economic forecasts will be announced on December 18.
- BTC staying strong could be a seasonally positive, despite the Fed’s “hawkish” stance.
How do you think BTC’s future will shape up? Share your thoughts in the comments! 💬📈