Bitcoin and Fed Policy Impact: Bullish Cycle or End of the Story?
Donald Trump’s landslide victory and the Federal Reserve’s interest rate cut have been the two main factors driving the crypto market in recent times. But now, many are wondering: Is this the end of the bull cycle or just another correction?
📉 BTC’s Recent Moves:
All-Time High: BTC briefly touched $108K on Tuesday.
Rapid Correction: Dropped to $94.5K in just a few days.
📊 What’s Influencing the Price?
1️⃣ Interest Rate Cut: The Fed’s bold move of cutting interest rates by 50 basis points initially sparked a surge in the prices of risk assets like Bitcoin.
2️⃣ Jerome Powell’s Statement: When the Fed Chair warned that there would be no more major cuts in the future and that the central bank could not buy BTC, the market reacted negatively.
🚨 Speculation in the Crypto Community:
Is this correction just “normal” in a bull market?
Or is this a sign that the bull market driven by external factors (Trump's victory and Fed policy) is losing momentum?
🌟 Final Thoughts:
In the crypto world, the landscape can change in a matter of days. What matters is understanding the fundamentals behind price movements and staying informed in your decisions.
👉 Mandatory Discussion: Do you think BTC will bounce back to $100K or is this a sign that the market is entering a bearish zone? Drop your thoughts in the comments! ⬇️