An analyst known for accurately predicting Bitcoin reaching $70,000 has issued a new warning. They suggest that a potential 50 basis point rate cut by the Federal Reserve next week could create concerns among holders of risk assets, such as Bitcoin.
Investors and traders should be cautious as this development might lead to volatility in the markets.
The analyst's previous successful prediction lends weight to their latest cautionary note.
Source : en.bitcoinsistemi.com ↗
