![As Fed Rate Pause Comes into Play Analysts Hint That As Fed Rate Pause Comes into Play Analysts Hint That Bitcoin (BTC) May Repeat Its 2019 Performance](https://btcusa.com/wp-content/uploads/2023/10/As-Fed-Rate-Pause-Comes-into-Play-Analysts-Hint-That-678x381.jpg)
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“Reflecting back on 2019, the Fed concluded its rate-hiking cycle and entered a seven-month pause. During this period, Bitcoin experienced a dramatic price rally, surging by an impressive 325%,” Markus Thielen, head of research and strategy, said in a note to clients last week. “In line with our outlook, it’s highly likely that the Fed concluded its rate-hiking cycle in July 2023.”
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