Recently, the Federal Reserve's dot plot indicated that there will be two rate cuts in 2025. My view is that regardless of how many times the Federal Reserve decides to cut rates in 2025, it will be beneficial for Bitcoin. If the hawkish scenario results in two rate cuts or fewer, it will increase the trillion-dollar interest expenditures, which is inflationary for Bitcoin. If the dovish scenario results in more cuts, it will be beneficial due to increased liquidity. In my opinion, Powell's speech will lean dovish to stabilize the market.