$BTC This month, everyone's main focus is on the Federal Reserve's interest rate cut.
There have already been two rate cuts this year, and there are three days left until the Federal Reserve is set to announce on December 11th.
The first rate cut was on September 17th, and after the rate cut, Bitcoin dropped from 117900 to below 108600, a decrease of 7.8%.
The second rate cut was on October 29th, and after the rate cut, Bitcoin fell from 113600 to below 80600, a decrease of 28.6%.
Therefore, this rate cut is highly likely to be confirmed, and the situation after the rate cut is also quite pessimistic; those holding long positions need to be more cautious.
