Latest, quickly see what the next step for BTC is?

Click on the avatar to watch live and understand the bull market!!!

As of the writing of this article, the BTC price has fallen nearly 0.5% during the session, currently at $94,214. Its 24-hour low and high prices are $93,310.74 and $97,294.85 respectively. It is noteworthy that the weekly chart shows a decline of 5%, reflecting the volatility of the cryptocurrency market, which also coincides with the outflow of funds from Bitcoin ETFs.

This volatility aligns with the Federal Reserve's strong stance on interest rate cuts, with no significant macroeconomic events expected before next year. However, according to CoinGape, it is worth mentioning that BTC whales are buying on dips.

Moreover, the entire industry remains optimistic about the long-term prospects of the flagship cryptocurrency. Robert Kiyosaki, the author of 'Rich Dad Poor Dad', is a well-known figure in the cryptocurrency industry, and he predicts that BTC's price will reach $350,000 by 2025. Overall, despite the outflow of funds and recent market volatility, Bitcoin still shows potential for further increases in the future.

Click on the avatar to watch live and understand the bull market!!!