THE FED REDUCES RATES BY 25 BASIS POINTS

WILL BTC HOLD OR RETRACE AGAIN?

It is technically confirmed that the

$BTC is currently in a

bearish cycle, a statistically two-year trend that will overall be bearish. This rate reduction, even if it creates optimism, has not changed the trend. As long as the trend remains bearish, the most probable movements will be downward.

The proof: despite the decrease in interest rates, the price of Bitcoin continues to fall.