Experienced Analyst Predicts Bitcoin Price If the Fed Cuts Interest Rates Tomorrow

Cryptocurrency analyst Alex Krüger shared his expectations for tomorrow's Fed interest rate decision. “I expect a dovish rate cut tomorrow, even though interest rate markets have already priced in a significant portion of it,” Krüger ￰0￱ analyst stated that he will write articles on the FOMC and the economy, but emphasized that there has been no significant change in his market views: “I'm still optimistic about stocks and ￰1￱ often forget how fast Bitcoin can move.” Related News: The Big Day is Tomorrow: The Fed Will Unveil Its Interest Rate Decision - Here Are the Latest Expectations Krüger stated that Bitcoin is likely to reach new highs by the end of the ￰2￱ Saylor's limited buying power and profit-taking by previous investors, the analyst believes it's likely that BTC will reach new record ￰3￱ this mathematically, Krüger argued that volatility scales with the square root of time.

Accordingly, if realized volatility remains around 40% until the end of the year, this translates to 23% volatility for the next four ￰4￱ means the Bitcoin price could rise to $136,000, a move of around 23%, according to the analyst. *This is not investment ￰5￱ Reading: Experienced Analyst Predicts Bitcoin Price If the Fed Cuts Interest Rates Tomorrow