According to the United States, whether the normal path is to cut interest rates in September or the abnormal path is to cut interest rates before September, that is, in July. In the history of the United States, the Federal Reserve has cut interest rates in 7 rounds since 1984, and most of the interest rate cut cycles lasted for more than 1 year. Unless there is an economic recession or economic crisis, the Federal Reserve will choose to release money as soon as possible.

So it doesn’t matter whether it is September or July. Except that the first interest rate cut is bad news, the second one is good news. According to the Federal Reserve’s plan to cut interest rates twice in 2024, it means that the second one is likely to occur around Q4 at the end of this year. Even if it is not Q4 at the end of the year, there will be FASB (this is a good news that is not inferior to the approval of BTC spot ETFs) and the general election in Q4. After half a year of halving, if the Federal Reserve also gives some sweetness. I think Bitcoin will definitely perform well this time. It has been 73,700 before. This time, 100,000 can be expected.

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