#hotTrends $BTC $ETH $BNB 1. During the 2016 and 2017 bull markets, the width of Bitcoin corrections was the same as the first chart, and correction periods ranged from as little as 2 weeks to as long as 1 month.

2. The adjustment period has been going on for two weeks and the FOMC announcement, which hinted at the possibility of three rate cuts by 2024, has led to a strong recovery in both the stock and market markets. electronic money.

3. If interest rates fall and markets are revived before a sharp economic downturn like the economic crisis occurs, then the cryptocurrency market is also likely to receive upward momentum.

In the event of a strong recession/economic crisis, the unemployment rate in the US will most likely increase, but if we look at the chart (blue), we can see that the unemployment rate in the US has almost bottomed out at the same level. and is moving horizontally.

The bottom line is that it is unlikely that a 2008-level economic crisis will occur before the rate cuts begin.