Opinion: Fed's delay in rate cuts in 2025 could spark a bear market
2025-03-09 07:01:11
Network economist Timothy Peterson warned that if the Federal Reserve delays a rate cut in 2025, it could lead to a broader market downturn and could drag bitcoin back to $70,000. According to its analytical model, bitcoin could bottom out to $57,000 in the next bear market, but he said that was unlikely because too many investors were "staring at bitcoin like vultures".
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