#Bitcoin’s surge hinges on ONE thing.

The only indicator needed to predict Bitcoin's next move bitcoin's potential Surge to over $100,000 hinges on the US Federal Reserve action on interest rates According to analyst Timothy Peterson He Suggests that for Bitcoin to sustainably Break its record high the US high yield Rate must di below 6 to 7% Peterson Predicts this could happen by late 2024 Or early 2025 lowering interest rates Typically reduces Returns on safer Investments therefore pushing investors Towards riskier assets like Bitcoin However another analyst Scott melker Warns that Fed rate Cuts may not always Benefit non-fixed income assets Suggesting they can precede market Downturns for all the latest crypto news And updates subscribe to the official Coin Telegraph YouTube channel

Coinbase
OUR TAKE

Coinbase is a popular cryptocurrency exchange. It makes it easy to buy, sell, and exchange cryptocurrencies like Bitcoin. Coinbase also has a brokerage service that makes it easy to buy Bitcoin as easily as buying stocks through an online broker. However, Coinbase can be expensive due to the fees it charges and its poor customer service.

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