nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgp2xxkjwclvq23ath8wunczcrxzqrv9dkag8vj8prufrujh4gaa95mzysv4

BITCOIN RETEST OF $120,000 IS ‘WITHIN SIGHT’: BITBANK

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✍️ Bitcoin traders are expected to take a week to digest the impact of the Federal Reserve's first interest rate cut in 9 months, which could lead to a test of $120,000.

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👉 The Federal Reserve cut interest rates for the first time in 9 months

👉 Risk-on sentiment is persisting, which is seen as a positive sign for Bitcoin

👉 Analysts believe that a test of $120,000 is possible

👉 Traders are looking for cues from Federal Reserve Chair Jerome Powell's speech

👉 New consumer spending data will be released on Friday, September 26

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#YuyaHasegawa #JeromePowell #MichelleW.Bowman #JakeOstrovskis #Tokyo #UnitedStates #technology

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