Bitcoin is positioned for a potential rally that could push its price past previous highs. According to Valentin Fournier, an analyst at BRN, the economic turbulence might force the Federal Reserve to implement rate cuts sooner than anticipated, a scenario that could significantly boost Bitcoin’s value.
At the moment, Bitcoin is trading at $58,120, showing a slight decrease of about 1.1% over the last 24 hours.·
For the full story, head over to TheCurrencyAnalytics.com.
