@Decrypt
BITCOIN RETEST OF $120,000 IS ‘WITHIN SIGHT’: BITBANK
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✍️ Bitcoin traders are expected to take a week to digest the impact of the Federal Reserve's first interest rate cut in 9 months, which could lead to a test of $120,000.
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👉 The Federal Reserve cut interest rates for the first time in 9 months
👉 Risk-on sentiment is persisting, which is seen as a positive sign for Bitcoin
👉 Analysts believe that a test of $120,000 is possible
👉 Traders are looking for cues from Federal Reserve Chair Jerome Powell's speech
👉 New consumer spending data will be released on Friday, September 26
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#YuyaHasegawa #JeromePowell #MichelleW.Bowman #JakeOstrovskis #Tokyo #UnitedStates #technology
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BITCOIN RETEST OF $120,000 IS ‘WITHIN SIGHT’: BITBANK
--
✍️ Bitcoin traders are expected to take a week to digest the impact of the Federal Reserve's first interest rate cut in 9 months, which could lead to a test of $120,000.
--
👉 The Federal Reserve cut interest rates for the first time in 9 months
👉 Risk-on sentiment is persisting, which is seen as a positive sign for Bitcoin
👉 Analysts believe that a test of $120,000 is possible
👉 Traders are looking for cues from Federal Reserve Chair Jerome Powell's speech
👉 New consumer spending data will be released on Friday, September 26
--
#YuyaHasegawa #JeromePowell #MichelleW.Bowman #JakeOstrovskis #Tokyo #UnitedStates #technology
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