FxPro: The Federal Reserve is about to ease monetary policy or will encourage bulls to overcome the short-term downward trend of BTC
2024-08-15 12:24:05
Alex Kuptsikevich, senior market analyst at FxPro, said in a report on Thursday that the upcoming easing of monetary policy by the Federal Reserve could encourage BTC bulls to overcome the short-term downtrend, or could help bitcoin reach $66,000. However, the report also noted that the new selling momentum remains mainstream and could fall back to $55,000.
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