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Fed Rate Cuts: Is Bitcoin in Danger?
What are the possible outcomes for Bitcoin's price with the Fed set to cut interest rates tomorrow? In this episode of Bitcoin Simply, host Dante Cook points out historical patterns of Bitcoin's price fluctuations during rate cuts. He urges caution as signs point to a possible recession on the horizon!
Dante highlights MicroStrategy's recent purchase of 18,300 BTC and its plans to raise $700 million to buy even more! Dante offers insights on effective Bitcoin investment strategies, including the importance of dollar-cost averaging!
Whether you're a seasoned investor or just starting your Bitcoin journey, this episode is packed with valuable information to help you make sense of the market.
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CHAPTERS:
00:00 - Fed Rate Cuts and Bitcoin's Future
01:00 - MicroStrategy's Bitcoin Accumulation
02:00 - Understanding Rate Cuts and Market Reactions
03:00 - Indicators of Economic Slowdown
04:00 - The Role of Central Bankers
05:00 - Caution for Bitcoin Investors
06:00 - Dollar Cost Averaging Strategy
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