Bitfinex has highlighted that the current period is challenging for Bitcoin traders. Analysts suggest that the widely expected US Fed rate cut could potentially lead to a 20% drop in Bitcoin's price, contrary to market expectations of a price boost.
This prediction underlines the volatility and unpredictability of the cryptocurrency market, especially in response to significant financial policy changes.
Investors should exercise caution and remain informed about potential market shifts influenced by macroeconomic factors.
