Bitcoin spiked to $96,800 after news that the U.S. and China will resume trade talks this week, igniting a rapid $1,700 rally. The announcement improved investor sentiment across the crypto market, lifting altcoins like XRP, Cardano, and Dogecoin.
With the trade war cooling down, attention now shifts to the upcoming Federal Reserve interest rate decision — a key macro event that could determine Bitcoin’s short-term direction.
But is Bitcoin following macro cues, or is something deeper at play?
According to crypto analyst Stockmoney Lizards, Bitcoin’s long-term movements are driven more by historical cycles than by global headlines. Their analysis shows that:
The analyst claims macro events — like Fed meetings and trade deals — merely amplify existing market emotions, but don’t define Bitcoin’s trajectory.
With Bitcoin’s post-halving phase in play and institutional demand rising through ETFs, many believe the $100K mark is in sight. The current correction may extend into Q4, but if history repeats, a strong bullish wave is likely on the horizon.
BitMEX founder Arthur Hayes offers a contrasting — yet bullish — outlook. In a recent interview, Hayes said:
Hayes believes fear and uncertainty in traditional markets may again push investors toward crypto.
Bitcoin’s rally past $96.8K may just be the beginning. With global easing tensions and the FOMC meeting on the horizon, volatility is expected. But if analysts are right, the long-term bull cycle remains intact — and $100K may come sooner than expected.
Yes, the Fed’s interest rate stance may impact short-term BTC moves by influencing market risk sentiment.
Macro news amplifies existing market emotions but doesn’t define Bitcoin’s long-term cycle-driven trends, experts say.
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