$BTC

❌️ Due to interest rate decisions, expectations for Bitcoin to reach 70k and then 57k. Do you agree?

❌️ Network economist Timothy Peterson issued a warning about the potential impact of Federal Reserve interest rate decisions on the broader market and Bitcoin.

❌️ Peterson believes that if the Federal Reserve delays rate cuts in 2025, it could lead to a broader market decline, which may pull Bitcoin down to $70,000.

❌️ His analysis model suggests that Bitcoin could hit a low of $57,000 in the next bear market. However, Peterson considers this scenario unlikely due to the large number of investors closely monitoring Bitcoin.

❌️ Personally, I think that even if the Fed delays interest rate cuts, it is very, very difficult to reach 57k because Bitcoin no longer fluctuates as it did before.