Analysts Who Correctly Predicted Bitcoin March ATH Forecasts What Happens Next

Quick Summary:

Fed’s Rate Cut Triggers Bitcoin Uprising Following the Federal Reserve’s decision to cut interest rates by 0.5 bps earlier in the month, the Bitcoin price has been on a positive uptrend.

Related Reading: Dogwifhat Rally Far From Over As Analysts Predicts 1,600% Jump In the report, the 10xResearch analysts point to the rise in stablecoin minting and billions in inflows from Chinese over-the-counter brokers as reasons why the rally could continue.

Altcoin Season Is On The Way The Fed rate cuts has not be positive for the Bitcoin price only as the altcoin market has also followed suit.

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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets: United Kingdom

Topics: Crypto Crypto analyst Btcusd Crypto news Bitcoin price Btc Bitcoin BTCUSDT Bitcoin Bitcoin news Btc price BTC news Analyst

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-28 @ 15:00:49 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 442 words

Reading Time: 3 minutes read

Sentences: 59 lines

Sentence Length: 8 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 22761039

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About NewsBTC

Main Topics: Crypto

Official Website: newsbtc.com

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