Bitcoin Price Action Hard to Predict Following Fed Rate Move
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Bitcoin could rally as high as $65,000 following expected rate cuts later this week but analysts fear US election uncertainty could keep crypto asset prices lower for longer.
Bitcoin is “tough to call” and could fall as low as $53,000 or as high as $65,000 following the Federal Reserve’s decision on rates on Sept. 18, according to Australian crypto trading firm Zerocap.
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