Bitfinex analysts predict a sharp rise and then correction of BTC to $40,000-50,000 if #FED cuts rate by 50 bp in September - blog
▫️If the Fed eases monetary policy more than market expectations, the risk of a recession in the US will increase.
▫️A 25 bp Fed rate cut would be the start of a long-term uptrend for Bitcoin as liquidity increases and the risk of recession eases. #BTC #US