💥$BTC Reactions to FED Rate Cuts (2019 & 2020):

$BTC

surged 30% overall

- Sep 19, 2019: -25bps gained 7% before the rate cut, then dropped 25% the following day.

- Oct 31, 2019: -25bpspumped 30% leading up to the cut, but crashed 35% the next day

- Mar 3, 2020: -100bp rose 4% pre-cut, then plummeted 45% after.

- Mar 16, 2020: -50bp increased 15% before the cut and dropped 25% the next day.

- Sep 18, 2024: (-25 or -50bps Expected)had already pumped 15% prior and is hovering near resistance on the day of the rate cut.