FxPro Analyst: The Federal Reserve's upcoming easing of monetary policy may encourage bulls to overcome the short-term downtrend of Bitcoin

2024-08-15 20:18:27

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ChainCatcher message, according to CoinDesk, FxPro senior market analyst Alex Kuptsikevich stated in a report on Thursday that the Federal Reserve's impending easing of monetary policy may encourage BTC bulls to overcome the short-term downward trend, potentially pushing Bitcoin to reach $66,000.

However, the report also noted that new selling momentum remains dominant and could pull back to $55,000.

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