The leeks have a misunderstanding that a rate cut will bring a bull market. Here I want to say that a rate cut does not mean a bull market, and we have to wait for some time!
The probability of the Federal Reserve cutting interest rates by 25 basis points and 50 basis points in September is 50%.
There will definitely be a spike in the price of Bitcoin on the night of the 18th. To what extent will it be inserted? This depends on the volume at that time. There is nothing to predict about the market driven by news data. There will be great fluctuations in Bitcoin before and after the announcement. In the end, it will go as it should. Take the spot. No matter whether it rises or falls, even if the interest rate is cut, funds will not flow into the cryptocurrency circle at the first time. There are still stock markets, commodities, futures, etc. in front of the cryptocurrency circle. Large funds are chasing stable returns. The cryptocurrency circle is not the first choice for large funds, but the bull market will definitely come! In October.
