#BTC☀ Market Analysis:
BTC's trend has been swinging back and forth between expectations of rate cuts and economic recession for some time in the past and in the future.
On August 23, the Federal Reserve hinted at a rate cut, and on August 26, the market began to be bearish on the US economy;
On September 4, employment data was lower than expected, and market concerns about economic recession intensified, and then the price of the currency began to rebound, and the market's expectations for a 50 basis point rate cut on September 19 increased from 28% to 47%.
By September 19, if the rate cut is 25 basis points, it will be lower than market expectations, and the price of the currency will fall back at that time; but I think the low point of the fallback will only be higher than the last time.
If the rate cut is 50 basis points, the market will be excited and rise for a short time; then the market will worry that the rate cut is so much for the first time, and whether the actual economic situation is worse than we know now - so it will fall back again.
In the future, the market will continue to fluctuate and rise.
