#BTC bounces back to around $44K, more pump? Expected Fed Rate Cuts Support Bull Case in Bitcoin, But There Is a Catch

The long-awaited liquidity easing has been widely touted as a critical bullish tailwind for bitcoin (BTC) alongside the impending spot ETF launch and Bitcoin blockchain's quadrennial mining reward halving.There is a catch. Past data sourced from MacroMicro shows that the early stages of the supposedly stimulatory Fed rate cut cycle are often characterized by the economy on the brink of a recession and brief but notable rally in the U.S. dollar, a global reserve currency backed by the world's largest and most liquid government bond market.