According to financial commentator Tedtalksmacro, bitcoin prices are closely tied to Federal Reserve liquidity, and U.S. macro conditions are expected to support bitcoin price gains over the next ten days.
Although Bitcoin fell by around 3.2% in June, the price is expected to rebound before the end of the month based on the impact of Federal Reserve liquidity conditions on BTC/USD. Meanwhile, the Bitcoin ETF is waiting for inflows from the US Wirehouse, and Q3 is expected to usher in a new wave of institutional investor interest in Bitcoin.
Analysts: Bitcoin price is closely tied to Federal Reserve liquidity, and BTC is expected to rebound before the end of the month
2024-06-20 08:20:51
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