So let's hope that we will see FED cutting interest rates in June. Good luck to everyone BTC 
Since the beginning of 2023 we have been hearing news about FED planning to decrease interest rates this year, and that is one of the main reasons why the market became so confident and optimistic so far, coming from 16,600$ in January to almost 28,000$ right now. If FED really achieves the goal stated months ago, it's very possible bitcoin will enter 35,000$ or even 40,000$ zone this year yet, what will definitely help the next bull run to gain even more traction in 2024.They have no plans to lower rates, what they are saying is to stop raising rates and keep it at 5% until inflation really drops below 2%, then they start lowering rates gradually. Interest rates are still very high, so I don't think the Fed is responsible for bitcoin's recovery. The market rebound is normal, the market cannot go down forever without a recovery. Bitcoin is very confusing sometimes, it can go up in price for no reason and vice versa, that is also what makes the crypto market so interesting.