Bitcoin price action may have to diverge from stocks if history repeats itself after a bumper Fed rate cut, analysis warns.
Bitcoin (BTC) sought to flip $62,000 to support on Sept. 19 as markets digested a rare 0.5% interest rate cut by the United States Federal Reserve.
BTC/USD 4-hour chart. Source: TradingView
Data from Cointelegraph Markets Pro and TradingView followed continued BTC price strength during the Asia trading session.