“Reflecting back on 2019, the Fed concluded its rate-hiking cycle and entered a seven-month pause. During this period, Bitcoin experienced a dramatic price rally, surging by an impressive 325%,” Markus Thielen, head of research and strategy, said in a note to clients last week. “In line with our outlook, it’s highly likely that the Fed concluded its rate-hiking cycle in July 2023.”
Related posts
-
Ethereum lags behind Bitcoin but is expected to reach $14K, boosting RCOF to new high
Disclosure: This article does not represent investment advice. The content and materials featured on this page... -
Bitcoin Price Mirrors 2017 Pattern, Is The Top Only 2 Weeks Away After Hitting $100,000?
Este artículo también está disponible en español. The Bitcoin price is well on its way to... -
Namecheap Amasses $73 Million in Bitcoin Revenue With Over 1.1 Million Transactions
Namecheap recorded an astounding 1.1 million bitcoin transactions with over $73 million generated in revenue. Revenue...