HomeCrypto GamingAs Fed Rate Pause Comes into Play Analysts Hint That Bitcoin (BTC)...

As Fed Rate Pause Comes into Play Analysts Hint That Bitcoin (BTC) May Repeat Its 2019 Performance


“Reflecting back on 2019, the Fed concluded its rate-hiking cycle and entered a seven-month pause. During this period, Bitcoin experienced a dramatic price rally, surging by an impressive 325%,” Markus Thielen, head of analysis and technique, mentioned in a word to shoppers final week. “In line with our outlook, it’s highly likely that the Fed concluded its rate-hiking cycle in July 2023.”


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