Bitcoin price is looking at more than just $40,000 if it remains loyal to this historical pattern Bitcoin price not only has gained significantly over the last couple of weeks but it has also imbued a sense of confidence in the investors owing to a few reasons.
These factors include the hype of spot Bitcoin ETF approvals by the Securities & Exchange Commission , the potential Quantitative Easing, as well as the upcoming halving event. However, what many investors are missing is how their optimism could get crushed.
US Fed interest rate preview: Two scenarios for Bitcoin and Ethereum prices Bitcoin price rallied throughout October 2023, marking another profitable month for BTC holders. The upcoming US Federal Reserve interest rate decision has the potential to make or breakBitcoin’sprice rally.
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