Last 6 months rates were high and BTC was around 100k stable sometimes high 110 sometimes high 100.
Ever since rate cuts have started it seems we have been Boom and Busting and they say the dip was caused by October FOMC suggesting no rate cuts in December but many are ignoring the fact that we cut in October. QT was announced to end in December.
If rate cuts were supposed to be good then we cut in September and we also cut in October we should be atleast high 120 low 130s.
I understand there are other factors too but its hard not to make a point that rate cuts have been bad.
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