Regarding the Federal Reserve meeting early Thursday morning, in fact, the focus of this meeting is not whether to raise interest rates, but the attitude towards cutting interest rates in 2024 next year. There are three important things next year. The first is the Fed's interest rate cut next year, and the second is the Bitcoin ETF next year. After the approval is passed, the third time is when Bitcoin reaches the fourth round of halving.

If the interest rate is cut first, it is expected to rise, but most of the months when interest rates are cut start to fall, so the month of interest rate cuts is a time to cover positions at dips.

The second is that mid-March next year is the final approval time, and there is a high probability that it will be approved.

The third is the Bitcoin halving, which will take place in late April. After the Bitcoin halving, it will officially enter this bull market cycle.

Here you can pay attention to the time period. The last approval time for ETF is March, and the halving is in April. They are not far apart, so the last round of 312 in March. Similar! #BTC