#BTC UPDATE ...

The price of bitcoin $BTC might be poised to rise. The market's declining trend, according to analysts, has ended. They think that the current swings of Bitcoin point to a possible rising trend. After the Fed made hints about cutting interest rates, the price increased. After peaking at $62,500, Bitcoin$BTC fell to $61,000. It might set a new record high if it continues to rise above $60,000. It might drop to $49,500 if it doesn't surpass $62,000.