Experienced Analyst Makes Weekly Forecast for Bitcoin (BTC) Price: “In the Next 7 Days…”

Cryptocurrency analyst Timothy Peterson has shared a compelling assessment of Bitcoin's short-term price ￰0￱ believes Bitcoin (BTC) has the potential to rally as much as 12% over the next seven ￰1￱ analyst based his assessment on Bitcoin's performance before and after the Fed's Federal Open Market Committee (FOMC) ￰2￱ noted that in analyses conducted since 2023, Bitcoin's average post-FOMC meeting movement has been approximately 1.5 times its weekly movement prior to the ￰3￱ means that the trend that begins before the meeting typically strengthens after the ￰4￱ News: Big Bull Michael Saylor Reveals Year-End Bitcoin Price Prediction - “Long-Term Target of $20 Million...” Peterson said, “In this case, Bitcoin has risen by 4% in the last 7 days.

Therefore, an average increase of 7% can be expected for the next ￰5￱ most likely range is between 0% and 15%.” The FOMC is the committee that sets US interest rates and directs monetary ￰6￱ Fed cut interest rates by 25 basis points today, as expected, but Chairman Jerome Powell's subsequent speech was viewed as hawkish. *This is not investment ￰7￱ Reading: Experienced Analyst Makes Weekly Forecast for Bitcoin (BTC) Price: “In the Next 7 Days…”