The market is now a bit confused about interest rate cuts 🤯
In March, everyone expected a cut in May, then in April it changed to June, and now it’s expected to be July....
Bitcoin's price has been steadily rising since April, even though the expectations for a rate cut have been repeatedly postponed, the price hasn't dropped significantly.
However, at the current pace, delaying the interest rate cut might not necessarily be a bad thing. The longer the rate cut cycle, the more likely it is to foster a long bull and slow bull market 🐂