Market analyst Christian Cifoa believes a possible Fed rate cut will likely push Bitcoin to an all-time high above $150,000.

His analysis is based on parallels between the current market scenario and past Fed rate cuts. Reflecting on the Fed's actions in July 2019, the expert noted the rapid growth of Bitcoin after the first rate cut - in a few weeks the asset grew from $7,400 to $14,000.

However, the downward trend continued until the onset of the pandemic, which resulted in a global economic collapse similar to the 2008 global financial crisis.