On the morning of March 24, 2025, the price of Bitcoin recovered above $87,000, according to TradingView. On the weekly chart, the asset is trading with a gain of 5.5%.

The co-founder of the BitMEX exchange and crypto expert predicted that Bitcoin will reach $110,000 before retesting the level of $76,500.

He explained the future growth by stating that the U.S. Federal Reserve (Fed) is shifting from a quantitative tightening (QT) policy to easing (QE).

What do you think about $BTC?