🔥 Do not sell #العملات_الرقمية now. Read now these new news and expectations and you will know that #bitcoin will move towards a new peak:
◾ Citi expects Fed interest rate cuts of 125 basis points this year, after jobs data, and 50 basis points in both September and December.
◾ Goldman Sachs adds a third cut in the federal interest rate by a quarter of a percentage point to its forecast for 2024
◾ Investors’ expectations of the Fed cutting interest rates by 50 basis points at the September meeting rise to 90%
◾ This is after the release of the monthly jobs report in America for July, which came below expectations and showed an increase in the unemployment rate to the highest level since October 2021.
It is known that lowering interest rates means a large amount of liquidity will exit from the dollar, the dollar index, and treasury bonds, and its move to cryptocurrencies and gold.
