The Federal Reserve's September interest rate cut "drama," Bitcoin's fate hanging by a thread: plummet or surge?
To understand the impact of the Federal Reserve's September interest rate cut meeting on the price of $BTC , one can refer to previous situations.
In 2019, before the interest rate cut, Bitcoin's price surged, quadrupling, digesting all the positive news in advance. As a result, when the interest rate cut announcement was made, it plummeted by 38% on that very day.
By 2024, everyone thought it would plummet like in 2019, but what was the result?
After the interest rate cut, due to "Trump's support, plus ETF attracting funds, and companies increasing their holdings," Bitcoin's price actually rose by 30%.
By 2025, there are two scenarios.
The first scenario is that if Bitcoin's price breaks through the 115000 mark before the interest rate cut, it is highly likely to plummet like in 2019.
The second scenario is if the price fluctuates between 100000 and 105000, that means the positive news hasn't been fully priced in yet, and after the interest rate cut, it might still rise to 115000. If the price breaks through 105000, then consider increasing positions, and pay attention to Powell's statement on "whether to continue easing policies."
In Chuan Ge's view:
The fluctuations in Bitcoin's price in September are just minor disturbances; in the long run, Bitcoin's price is still rising.
The CPI data for October, changes in corporate holdings, and the situation in the Middle East will determine whether Bitcoin's price can break through 120000 by the end of the year.
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