Research shows: Fed rate cut may push Bitcoin up to $64,000

Columns：Market analysis author：BTCZXW time：2024-09-18 16:01:11

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Research shows that Bitcoin prices could “rapidly” rise to $64,000 after the Fed cuts rates, a market dynamic worth watching.

Capriole Investments’ latest report points out that Bitcoin is expected to usher in a strong bull market as the macroeconomic environment shifts. Founder Charles Edwards said that if the Fed adopts a dovish policy at the upcoming meeting, BTC/USD will be ready to resume growth.

Bitcoin has long faced changes in supply trends, but the new ETF phenomenon and capital reallocation are affecting the market. Looking ahead, the upcoming interest rate changes and changes in market sentiment may push Bitcoin to higher prices.

Let us pay close attention to this important moment and be ready to seize market opportunities to witness the future development of Bitcoin together!

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