The Federal Reserve is considering additional interest rate cuts, following China's similar actions. This has led to bullish sentiments among Bitcoin experts, though some uncertainty remains.
Officials from the Federal Reserve are open to further rate cuts, which may influence global markets. China has also implemented rate cuts and injected significant liquidity into its central bank.
Experts believe these rate cuts could impact Bitcoin's growth positively, although Wall Street strategist Ed Yardeni warns of potential economic downturns.
Arthur Hayes and other Bitcoin experts express optimism, but note that key resistance levels and other factors could still affect Bitcoin's performance.
The coming weeks are crucial for Bitcoin, especially given new developments in China and the US. Broad economic policies and regulatory decisions will play a significant role in shaping Bitcoin's future.
