🚀BTC enthusiasts, get ready for some exciting news! Tom Lee, Head of Research at Fundstrat Global Advisors, believes there's an 80% chance the US Federal Reserve will stop its aggressive interest rate hike policy, thanks to positive CPI numbers showing slowed inflation in America. 📉
Experts say the end of the Fed's anti-inflationary program could potentially catalyze a new rally for the crypto market, especially bitcoin. Lee thinks inflation will continue to fall in the coming months, leading to a revival for financial markets. 🌱
This could be the perfect time for the Federal Reserve to stop raising interest rates, which have been lifted 11 times between March 2020 and July 2023. Lee even predicts the Fed will start cutting interest rates in early 2024. 📉
A pivot from the Fed could make investors turn their attention to riskier assets like cryptocurrencies. Galaxy Digital's CEO, Mike Novogratz, predicts bitcoin will "go to the moon" once the interest rate hike policy ceases. 🌙
SkyBridge Capital's Founder, Anthony Scaramucci, shares this view, stating, "If I'm right, there will be a resurgence in the market. There'll be a lot of short covering in crypto, and there'll be a rebirth of risk assets." 🌟
So, keep your eyes on BTC and get ready for a potential crypto comeback! 🚀