Opinion: Fed's delay in cutting rates until 2025 could trigger a bear market
internet economist Timothy Peterson warned that if the Federal Reserve delays interest rate cuts in 2025, it could lead to a broader market downturn and possibly drag Bitcoin back to $70,000. Based on his analysis model, Bitcoin may bottom out at $57,000 in the next bear market, but he said this possibility is unlikely because too many investors are "staring at Bitcoin like vultures."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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