The trend of Bitcoin this year will depend on the policy tonight!

As the Fed enters the "last mile" of fighting inflation, continued cooling of inflation data may accelerate this "last mile."

At 03:00 a.m. on Thursday, December 14, the Federal Reserve will announce its last interest rate decision of the year. The market almost universally believes that this cycle of interest rate hikes has come to an end, and that the Federal Reserve may remain on hold at this week's interest rate resolution and start to significantly cut interest rates starting next year.

Now the focus of debate on Wall Street becomes: When will the Fed start cutting interest rates, and how deep will it go? Against the backdrop of significant cooling of U.S. inflation in recent months, the market has begun to bet that by the end of next year, the federal funds rate will be reduced to a level of 4%-4.25%, with an interest rate cut of 125bp. $BTC #BTC