🔥 Reviewing the 10-year interest rate cycle of the Federal Reserve: Where will Bitcoin go under three paths of deduction? Over the past decade, the bull and bear bottoms of Bitcoin have been a reflection of the Federal Reserve's interest rate policy. 📈 At the top, it often occurs when the expectation of interest rate hikes is strongest 📉 At the bottom, it is accompanied by the expected shift towards interest rate cuts Now, the market is standing at a crossroads of three paths: one ️⃣ Restarting interest rate hikes → Second bottoming out? two ️⃣ Will interest rate cuts in the second half of the year lead to a volatile peak? three ️⃣ Mid year interest rate cuts → bull market acceleration? These paths determine the next path for Bitcoin. This article will break down the BTC trend in three different scenarios and understand the game logic of macro+price at once. 👇🧵