A lot of traders started scaling into longs the day before the rate costs were announced so yes, rate cuts had everything to do with the market growth in the last one week. A lot of people here in the thread are saying it was because of Saylor's buys but Saylor bought the last time Bitcoin was at a $65,000 print. Did the price move above $65000 to $70K+? No, it didn't. I'd argue the Saylor buy didn't had some effect but not as those 50 bps rate cut. A confirmation of this is how bullish all markets have been since that announcement (Bitcoin, Crypto, Stocks, equities, etc).

Don't go to sleep, it could happen very soon

I will only be a little "excited" when we reach the new ATH, and the real reason for a little celebration will only be at $100k - everything else is nothing new that we haven't seen for months. It is enough to look at the charts, everything is clear and a picture speaks a thousand words.

People mostly have weak hands and they have bad ability to hold after bearing some months of bear and corrections. What will happen next months will be a smaller version of how people react after Bitcoin has two bearish years and start its recovery from bottom. They want to exit immediately when they see price soars like 20% or 30%, and they did not care that Bitcoin will recover to its ATH of a past bull run, 2 or 3 years ago.

Now they don't care it too and many of them will miss a new ATH and they don't know that best time to exit is when there are massive new participants joining this market.
Google Trend search chart does not show this trend now https://trends.google.com/trends/explore?date=all&q=bitcoin&hl=en-US

Yes, of course, a decrease in the Fed rate, as a general rule, leads to an increase in the price of Bitcoin.

Bitcoin is denominated (valued) in US dollars. Accordingly, a weakening of the US dollar leads to a strengthening of the first cryptocurrency (an increase in its value). The Fed's discount rate (refinancing rate) is the rate at which the Fed gives loans (credits) to commercial banks.

Commercial banks, in turn, give loans to legal entities and individuals at a higher rate. Thus, a decrease in the discount rate leads to cheaper loans and credits, which stimulates the economy, leads to an acceleration of the turnover of fiat currency and, accordingly, makes the US dollar cheaper.

Investors no longer seek to hold US dollars for the purpose of saving, but are more willing to put them into circulation. All this strengthens Bitcoin and leads to an increase in its price.

It is impossible not to have anything to do with what the FED has done recently. Investors may turn to Bitcoin, causing purchases to increase in number. If almost all investors in every country continue to experience an increase in buying Bitcoin, then according to the law of supply and demand, an increase in price can occur. He continued, there was news that Microstrategy had again bought Bitcoin in a large amount.

I doubt if these two events contributed immensely to this increase in price we are experiencing currently. Michael Saylor has been buying Bitcoin periodically, and it has not affected the price the way it did recently. The market is already used to the happenings in the US presidential elections. Hence, Trump buying a burger with Bitcoin was insignificant. The main reason is the interest rate cut by the FEDs. Before the meeting that led to the decision, we say the attention the media and traders gave to the event. The meeting was very important to almost all the economic sectors in the world since the US is a dominant force in the global space.

It's correct and people can look at DXY as one of indicators for market prediction and make their investment or trading plans especially trading plans.

The chart of Bitcoin price and DXY.
https://en.macromicro.me/charts/84646/BITCOIN-vs-US-DOLLAR-INDEX-DXY

Look at it, and you can see an opposite correlation and trend of Bitcoin and DXY. DXY affects other markets too, not only Bitcoin market.

I don't know why people feel much concerns in anything that has to do with bitcoin, and U.S government, I have said this severally that bitcoin is a decentralized currency and something U.S government can do is only to regulate her currency not cryptocurrency, neither bitcoin pump high or pump low I think it does not have to do with anything that relates with U.S are you people aware that we have different countries and it doesn't mean that government of U.S will determine the decision of world, so if u.s is against bitcoin with their respective reasons it doesn't have any serious impact on bitcoin.