Bitcoin price can see $64K ‘very quickly’ on Fed rate cut — Research
Bitcoin stands to enjoy a return to its strongest bull market performance thanks to a perfect storm of macroeconomic shifts and standard cycle timing, Capriole Investments predicts.
Bitcoin (BTC) should regain $64,000 “very quickly” as the United States Federal Reserve lowers interest rates.
In its latest monthly update report on Sept. 17, quantitative Bitcoin and digital asset fund Capriole Investments said that BTC price action was at a key crossroads.
Bitcoin stands to benefit exponentially from macroeconomic shifts into Q4, itself the market’s best quarter, Capriole Investments founder Charles Edwards says.
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Author: William Suberg
