[Raising interest rates ≠ appreciation of the U.S. dollar ≠ continuation of the bear market]

Some people say that the Federal Reserve will raise interest rates twice more this year, so the market is far from bottoming out.

This argument is simply not true.

How many people know that BTC’s 2017 bull market was completed during the Federal Reserve’s interest rate hike cycle?

The impact of interest rate policy on the market is not real-time.

The history of BTC is not long enough. If you look back at the 60-year history of US stocks, you will find that the impact of interest policy on the market is uncertain. The market's response time and duration to interest rate policies are also uncertain.

Sometimes it responds early, sometimes it responds late. The lag time could be months or years.

We should pay more attention to BTC's own cycle (such as halving) and price behavior.

I always believe that external factors cannot affect the internal operating rules of a market for a long time.