jayc
10-12

I expect a boost for the crypto markets, particularly because lower interest rates tend to increase liquidity and make riskier assets like cryptocurrencies more attractive to investors. A reduction in rates could serve as a catalyst for a year-end rally. The potential rate cut might set the stage for a crypto bull market, driven by increased liquidity, lower borrowing costs and a quite favorable market sentiment.

BTC Retraces to $96000: Buy the Dip or Exit Now?
Bitcoin dropped to a low of $96,789, over $10,000 below Tuesday's all-time high, marking a 4% decline. Since the US election on November 5, Bitcoin's price has risen by more than 45%. Zann Kwan, CIO of Revo Digital Family Office, predicts that Bitcoin may retreat to just above the $90,000 level in the short term. ------------ What's your target price for Bitcoin in 2024? Is it good time to buy the dip or exit from Bitcoin?
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Comments

  • GenXCrypto
    10-13
    GenXCrypto
    The 4 year crypto cycle pattern is playing out perfectly imo. That pattern suggests a massive pump until years end & then onto 2025... A Trump victory next month would mean $80k+ BTC within the next few weeks.. Bullish📈
  • Dumplinggogh
    10-12
    Dumplinggogh
    Every time I buy, it nose dives. Every time I sell, it rockets.
    • DumplinggoghReplyInverseCramer: 
      Makes no logic that it also dives when there're +ve news. I'm referring to those news earlier this year. Ought to hit at least 180 but somehow went to 110 instead... No logic
    • InverseCramer: 
      Hahaha same
  • KSR
    10-13
    KSR
    👍
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