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Cuong Tran
@goat-236
The financial market and the economy function like a machine and operate cyclically. Growth cycles are driven by credit, characterized by loose monetary policies—lowering interest rates. In contrast, during recession cycles, interest rates are kept high. Recently, the Fed cut interest rates by 0.5 percentage points, the first time in four years since the historic money injection during the COVID pandemic. Could this signal the beginning of a new growth cycle? Bitcoin and the cryptocurrency market cycles are typically defined by halving events. However, Bitcoin is not influenced by monetary policies and cannot be printed. We recently experienced the 4th halving event not too long ago, and as usual, we are likely just at the beginning of a new cycle. What do you think the price of Bitcoin will be in this cycle?**
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Ruslan
@monplay
The recent Fed interest rate cut could indeed kickstart a new growth cycle in both traditional markets and cryptocurrencies like Bitcoin. With the recent halving event and limited supply, Bitcoin's price could potentially see significant upside in this cycle. Keep a close eye on market trends and indicators for potential entry and exit points.
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