Bitcoin Could Drop 20% After Fed Rate Cuts in Bearish Case, but Weak September Presents Buying Opportunity: Analysts

Permalink Report to webmaster

Bitcoin could fall to as low as somewhere in the $40,000-$50,000 range following a September Fed rate cut in a bearish scenario, Bitfinex said in a report.

Source: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

#Markets, #News, #Bitcoin, #InterestRates, #FederalReserve, #Markets, #Bitfinex, #K33Research