How Far Will Bitcoin (BTC) Rally In February If Fed Pivots Rate Hike?

Bitcoin (BTC) News: In what could be an encouraging deviation from the macroeconomic environment, the crypto market could perhaps go through a rally in February. At least it is the larger market sentiment that a Fed pivot to slower interest rate hike could prove to be positive for Bitcoin (BTC) price. However, if the central bank decides to continue with a 50 bps interest rate rise, it could be a path downhill for the cryptocurrencies. On the other side, a weakening US Dollar bodes well for a bullish picture for BTC price, considering the inverse relation both assets follow.