What will the market look like after the US dollar rate cut?
You can refer to the bull market that occurred after the rate cut in 2019. The situation at that time was not much different from the current situation, except for the impact of the epidemic. The rate cut at that time was also due to inflation data lower than expected, and the hype expectation of the US economic recession. The subsequent rate cut was 25 basis points.
It just so happened that after the rate cut, the market ushered in a short-term rise, followed by a big suction cup, and it took a full 4 months to return to its normal position. Subsequently, it rose steadily throughout the year, opening a violent bull market. Almost all cottages were rising. At that time, there were not as many cottage coins as now, about 300-400. In addition, the previous wash washed out half of the market, resulting in a halving and then a drop of about 20%. Many of the bottom prices that you can't see today were fulfilled that year. At that time, almost every day I asked how much it fell today, and whether there was a blockchain revolution?
Let me explain to you that there will be a short-term rise after the interest rate cut. You can buy half of your car when the price of Bitcoin returns to around 70,000 or even 68,000 US dollars. Maybe history will not repeat itself, but the dealer is really cutting people!
