Bitcoin mirrors 2022 collapse as Federal Reserve signals more hikes

Bitcoin is tracing a hauntingly familiar path that leads straight back to March 2022. Just like the period preceding the Fed's initial rate hike last year, the largest cryptocurrency is stuck in a painful drawdown that has traders sweating. History shows that when the central bank tightens the screws, crypto markets don't just wobble—they break. We've seen this script before: a brief relief rally lures in the bulls just long enough to trap them before the next leg down. The Fed's latest hawkish pivot suggests the cost of borrowing isn't coming down anytime soon, leaving Bitcoin vulnerable to the same liquidity drain that wiped out portfolios a year ago. Analysts are now watching the charts for a repeat of the 'dead cat bounce' that preceded the 2022 crash. If the pattern holds, the current price floor might just be a trapdoor. Will the market find a new bottom, or are we simply waiting for the other shoe to drop?