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coinpedia 2024-08-22 07:30:53

Bitcoin Price Prediction: Key Challenges for BTC Bulls on the Path to $70K Identified, Bullish Momentum Remains Intact

The post Bitcoin Price Prediction: Key Challenges for BTC Bulls on the Path to $70K Identified, Bullish Momentum Remains Intact appeared first on Coinpedia Fintech News Bitcoin recently pushed above $60,000, driven by key macroeconomic factors. Traders are excited about a breakout towards $70,000. The minutes from the Federal Reserve’s recent meeting suggested rate cuts are likely, which is expected to boost Bitcoin’s price as lower interest rates increase global liquidity. Additionally, political developments, such as Donald Trump’s increased chances in …

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