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To analyze the impact of the Fed's September interest rate cut meeting on Bitcoin, we need to combine historical patterns with the current market situation.
Looking back at 2019, Bitcoin rose 4 times before the interest rate cut, but on the day the news landed, it plummeted by 38%, causing significant losses for many investors. In contrast, the market expectations for 2024 anticipated another crash, but supported by various favorable factors, Bitcoin instead rose by 30%, catching the bears off guard.
Looking ahead to 2025, we face two possible scenarios:
1. If Bitcoin breaks through $115,000 before the interest rate cut, it is likely to repeat the crash scenario of 2019, and investors should exercise caution.
2. If Bitcoin consolidates between $100,000 and $105,000, it indicates that the positive news has not yet been fully absorbed by the market, and after the interest rate cut, it may surge to $115,000.
The key is to closely monitor the speeches of Fed Chairman Powell. If he mentions "continuing the easing" policy, the market may perform more strongly.
It is important to emphasize that the fluctuations in September were relatively limited and should not be overly focused on. The long-term trend of Bitcoin remains upward. However, whether it can break through $130,000 by the end of the year will depend on factors such as the inflation data in October, changes in corporate holdings, and the geopolitical situation in the Middle East.
My personal opinion is: I am optimistic about Bitcoin in the long term, but in the short term, it is necessary to closely monitor the key factors mentioned above. When the right time comes, decisively increase positions, and avoid risks in a timely manner if necessary. Maintain rational thinking and do not let short-term fluctuations affect your judgment; this is the key to maintaining an advantage in the cryptocurrency market.