In the 7 FOMC meetings this year, BTC has fallen 6 times! The interest rate cut meeting is coming again tonight

There is a very interesting discovery: looking at this year’s data, the Federal Reserve held 7 FOMC meetings, and BTC fell 6 times. The only time it rose was on May 7, up 15%, at other times? The most ruthless one smashed 27% directly.

At this December meeting, the market generally expects a rate cut, with a probability of 87.4%. However, according to historical laws, BTC basically has to shake three times during the FOMC. The results will be released at 3 o’clock tonight Beijing time, and the Powell development conference at 3:30 - this time period is often the most exciting.

To be honest, although the expectation of interest rate cuts sounds good, the statistics are there, and we still need to be mentally prepared for the short-term impact of the FOMC meeting on currency prices. Tonight may be another sleepless night, it is recommended to keep an eye on the position and don’t let the market confuse you.