Analyst: Bitcoin price is closely related to Fed liquidity, BTC is expected to rebound before the end of this month
According to financial commentator Tedtalksmacro's observation, the price of Bitcoin is closely related to the liquidity of the Federal Reserve. It is expected that the macroeconomic conditions in the United States will support the rise of Bitcoin prices in the next ten days. Although Bitcoin fell by about 3.2% in June, based on the impact of Federal Reserve liquidity conditions on BTC/USD, it is expected that the price may rebound before the end of this month. At the same time, the Bitcoin ETF is waiting for funding from Wirehouse in the United States, and it is expected that Q3 will see a new wave of institutional investors interested in Bitcoin.
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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