Do you think Bitcoin will still rise above 60,000 this year, that is, in 2024? Or is it the case this year and then will continue to go down?
To me $60k is a very close price target to be reclaimed, despite a lot of sell presure coming in lately, but if the CPI data comes positive on Thursday it definitely get the price pump a bit today we were able to go kiss the $69k ,I believe we will even reclaim the 70k price level
before the end of the year because, There is also an FOMC meeting which will take place in November few days after the US presidential election, and which I believe the Federal reserve will resume its rate cute, and likey going to be dovish, in this case, a low interest rate like 25 basis points will definitely send the market way higher than $60k.