Bitcoin faces 2022 parallels as federal reserve resumes rate hikes

Crypto Insight Summary: Bitcoin’s drawdown mirrors its position before the Fed’s first hike in March 2022, raising questions over whether a relief rally could precede further losses. Crypto Insight Analysis: Direction: Bearish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Fed rate hikes historically pressure BTC prices due to risk-off sentiment.