The following chart compares BTC and the Federal Reserve's benchmark for interest rate hikes and cuts over the past decade In fact, it can be found that BTC may not necessarily rise with interest rate cuts. For example, BTC has been fluctuating and falling despite interest rate cuts from June 2019 to March 2020 It doesn't necessarily mean that raising interest rates will cause BTC to fall or not rise. For example, BTC has been raising interest rates from February 2022 to July 2023, but it has also doubled in value In addition to BTC having its own cycle, such as mining difficulty and halving in 4 years, it also depends on BTC's own trend. If it rises too much, it needs to be adjusted, and if it falls too much, it needs to rise Of course, macro factors are becoming increasingly important. Without venture capital coming in, it will be difficult for BTC to rise even more So analyzing big cakes requires a comprehensive ability, and analyzing 1-2 factors alone is definitely not accurate This article is sponsored by Bitget | @ Bitgetzh