[99% of people misunderstand! Rate cuts ≠ big bull market in crypto, history has already provided the answer]
Many people naively believe: 'As long as the Federal Reserve cuts rates, the bull market will come!'
This understanding is completely wrong.
Let’s review the major market trends in the crypto market over the last four cycles; the truth is clear:
① In 2017, the bull market peak, BTC surged to $19,800, while the Federal Reserve was still in a rate hike cycle (1.25%-1.5%).
② In November 2021, BTC surged to $69,000, at that time the interest rates were close to 0% for a long time, and the rate cuts had already ended in March 2020.
③ In 2023, it rebounded to $73,000, still in a high interest rate + rate hike environment.
④ In 2024, it will rise to $123,000, during which the Federal Reserve's interest rates remain unchanged.
