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âŒïžFED RATE CUTS âŒïž
Bitcoinâs Reaction to Federal Reserve Rate Cuts (Previous )
Letâs Talk About History First !
Aug 1, 2019 (-25bps): Bitcoin surged by 30% overall.
Sep 19, 2019 (-25bps): Bitcoin gained 7% before the cut, but dropped 25% the next day.
Oct 31, 2019 (-25bps): Bitcoin pumped 30% leading up to the cut, then crashed 35% the day after.
Mar 3, 2020 (-100bps): Bitcoin rose 4% pre-cut, then plummeted 45% post-cut.
Mar 16, 2020 (-50bps): Bitcoin increased 15% before the cut and dropped 25% the following day.
Sep 18, 2024 (expected cut of -25 or -50bps):
Bitcoin has already rallied 15% leading up to the cut and is now near a key resistance level.
Is the Price already in ?
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