“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
-
Analyst Predicts Bitcoin Bull Run: MVRV Metric Hints At $95K To $120K Target
The Bitcoin price action has sparked renewed interest among analysts and investors as the cryptocurrency approaches... -
Analysts Double Down on $200K Bitcoin Amid Trump-Harris Election Clash
Bitcoin’s rise appears unstoppable, with Bernstein projecting a $200,000 target for 2025, undeterred by potential market... -
Bitcoin Open Interest Dropped Significantly – Investors Cautions Amid US Election Week?
Este artículo también está disponible en español. Bitcoin has faced significant volatility and uncertainty as it...