Fed Rate Relief: Why Bitcoin (BTC) Breakout Will Begin Early 2023?

That Bitcoin (BTC) has been correlating with traditional markets has been one of the striking aspects of the current cycle. The ongoing crypto bear market cycle has been strange in many ways. One such trend is the way in which there is a drop in short positions when approaching a potential Bitcoin bottom. In this context, the U.S. Federal Reserve is determined to control inflation by continuing to rise interest rates. However, estimated figures show that a Bitcoin breakout could happen if Fed interest rate easing begins.