Each time the FOMC announces a rate cut, the DXY tends to drop while $BTC and other risk assets rally. Once the initial surge stabilizes, we typically see a correction in those assets and a rebound in the DXY. I expect a similar pattern this time. If we get a 25 bps cut, $BTC could see a strong move higher, potentially reaching the $120K–$125K range.
That said, a follow-up correction is also likely, so caution is warranted#bitcoin $BTC