CandleFocus Famous Analyst Said "Rally in Bitcoin Will Be Near and Very Fast!", Shared His Price Expectation!
2024-09-18
Author: Content Editor
The focus in the cryptocurrency market is on the Federal Reserve's decision to cut interest rates. It is anticipated that this interest rate cut will have a positive impact on Bitcoin and the overall cryptocurrency market. Capriole Investments predicts that Bitcoin is at a critical turning point and with the Fed's rate cut, it could quickly rise to $64,000. Founder Charles Edwards believes that the fourth quarter is typically the best for Bitcoin and expects macroeconomic events to support its rise. If Bitcoin manages to close above $64,000 on a weekly basis, it could lead to a quick return to $70,000 or even higher. Historically, Bitcoin has performed well in the fourth quarter. Currently, Bitcoin is trading at $59,958.
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