Bitfinex’s analysts expect bitcoin’s price to potentially drop to the low $50,000s or mid $40,000s if the Federal Reserve cuts interest rates this month. The “historical price action for September also aligns with our view of a projected 20 percent drop in bitcoin prices following a rate cut,” the Bitfinex analysts said. Bitfinex Predicts Bitcoin […]
Source: https://news.bitcoin.com/analysts-anticipate-bitcoin-falling-to-40k-level-as-fed-rate-cuts-loom/
Analysts Anticipate Bitcoin Falling to $40K Level as Fed Rate Cuts Loom
