Economist Timothy Peterson believes that the coming rate cuts, which the Fed already has planned, will rally the market, pump Bitcoin, and kickstart the new alt season.

Peterson’s comments come just one day after the Federal Reserve cut rates by 0.25%, with CME’s FedWatch placing the odds of a favorable decision at 96% several weeks before the FOMC meeting.

The same FedWatch now puts the odds of an October 29 rate cut at 91.6% , making it an almost guarantee.

Especially with the Federal Reserve explicitly announcing three more rate cuts , two coming this year and one more in 2026.

Following this week’s FOMC meeting, Bitcoin rallied close to $118K , after which it crashed to today’s $115,896. This is the perfect opportunity for dip hunters like Strategy to capitalize on the contra

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