Will the Fed's rate cut decision send Bitcoin soaring or crashing? Find out what the experts are predicting!
The upcoming Fed rate cut decision has left the crypto community on edge, with Bitcoin's price poised to skyrocket or plummet. A 50 basis point rate cut could lead to a temporary surge, but experts warn of a sharp correction due to growing recession fears. Bitfinex predicts a possible 15-20% decline in Bitcoin's price, with potential lows between $40,000 and $50,000. September's volatile history doesn't help, with Bitcoin's average return in the month being -4.78%. Will the Fed's decision send Bitcoin to new heights or into a tailspin? Share your thoughts in the comments! #Bitcoin #FedRateCut #CryptoMarket #Binance #BTC