Bitcoin could quickly hit $64,000 if the U.S. Federal Reserve cuts interest rates, according to a Capriole Investments report. Founder Charles Edwards suggests that a dovish shift from the Fed would mark a reversal of the hawkish stance that previously caused Bitcoinâs drop. He also mentions the market is primed for a bullish Q4, traditionally Bitcoinâs best-performing period, with favorable conditions from potential liquidity injections. However, some bearish technical indicators still exist.
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