Quote from: DOH! on September 22, 2024, 08:36:23 PM

The reason that the FED cut interest rates after 4 years of adjustment will be a strong push for bitcoin to rise again, along with the heat of the US presidential election preparation period also showing a positive impact on the market value. My assumption is that the market is bullish in T10 and T11, maybe bitcoin will reach a new ATH in this pump, there is something that makes me believe that this boom will be big and different. 78k in october. Lol

The more correct reason is that the FED cut interest rates because it is time, US inflation has fallen quite well at 2. 5% then also the unemployment rate is increasing and this is supported by the large interest rates that make companies limit their workforce so that operations run and debts are paid, some people and companies dare not borrow money for their business or needs if interest rates are high because it will make them difficult, Therefore it is assumed that this interest cut is intended to prevent the US from the threat of recession, then from that campaign or election financing needs to be disbursed by the government and also fighters so this will be very related, on the other hand it coincides with the last year of the 4-year cycle of bitcoin, which will boost the price of bitcoin because of the large amount of liquidity available.