The low interest rate in September from the low interest rates to 43 % – will Bitcoin Bull Run carry? star-news.press/wp

Main meals

The Federal Reserve rate forecast in September decreased by 20 %, as merchants re -expected previously. Will the uninterrupted high profit slow down BTC Bull Run?

Bitcoin (BTC) He decreased briefly to 115.7 thousand dollars after the Federal Reserve Chair fixed On July 30.

While the decision was expected, his careful outlook and the “waiting and knowing” approach for the month of September sparked another step for the risks. Powell cited the risk of inflation from the definitions and maleand

“At the present time, we are in a good position to learn more about the potential path of the economy and the advanced balance of risk before modifying our position on politics.”

The market quickly made interest rate expectations in September after its statement.

Reducing federal reserve rates to low expectations

Source: CME FED viewing tool

Before the FBI decision in July, interest rate discounts in September were higher than 63 %.

As of the time of the press, the opportunity to cut 25 basis points Decline To 43 %, while another fixed rate increased (4.25 % -4.50 %) to 57 %.

In most cases, the more flexible interest rate policy is always enhanced risk assets such as stocks and encryption, Matt Mina, a strategic expert of encryption in 21shares, for ambcrypto.

He added,

“For Crypto, the Federal Reserve Axis can be the main back wind. Modest financial conditions and price discounts have historically fueled risk assets such as bitcoin, which have long worked as a sponge of excess liquidity.”

However, cautious federal reserve position may slow the constant bull run. But Mina noticed that all conditions were appointed to a possible axis,

“The preparation is increasingly similar to Q4 2023 – softening inflation, high political fluctuations, and federal reserve restriction by underdeveloped indicators, which witnessed the end of Bitcoin the following year at a price of $ 100,000. The stage was appointed to the policy axis. The only question is when.”

At the time of the press, though, BTC wore 2 % to 118.5 thousand dollars, but most Altcoins did not follow its example before inflation data (PCE).

Source: BTC/Usdt, Tradingview

According to MENA, if support cracks of $ 114 thousand-115 thousand dollars, BTC may decrease to $ 110,000.

Another risk factor in the market gathering is a BTC profitability.

Glass knot High The unreasonable BTC profit reached a record number of $ 1.4 trillion, and the unrealized profit levels that caused the conditions of ATH and sell pressure.

Source: Glassnode

But Swissblock detained The BTC Rally can rise if QE (quantitative reduction) or an increase in liquidity in dollars.

Source: Swissblock

short term , Total pressure Cap BTC can be less than $ 120,000 and raise profits. However, any possible mid -time feeding axis can spark a recovery.