Bitcoin predicts with a reduction in the interest rate in September to 87 % star-news.press/wp

Bitcoin PRICE opened the week trading at 114,505 dollars today, August 4. BTC did not leave a lot of CME gap during the weekend to be filled, which means that there is room for recovery. Analysts believe that the price may reach resistance soon and may have erupted to 124,000 dollars as possibilities to reduce the federal reserve interest rates in September.

Bitcoin’s price recovery with the high risk of September price discounts rises

The risk of federal reserves will rise next month. CME Fedwatch data shows that 87 % of investors are believed to believe that the 25-Basis points will happen. If this happens, the new interest rate will be between 4 % to 4.25 %.

The last time that the federal reserve rates were low in December 2024. When rates are reduced, risk appetite increases among investors. The dollar decreases, but investors usually consider a green light that the economy extends well.

Therefore, Bitcoin price may record a good gathering in September. The gathering may start early in the days before the meeting on September 17. This is because merchants are usually in events like them by the time when it occurs, it is already priced.

Thus, even if the BTC price decreases at the present time, it may be just a temporary decline. Analysts seem to share this belief, with speculation about the extent of the king’s currency.

BTC Recovery waving on the horizon as the eye analysts is $ 124,000

Crypto RAVEN analysts say the price of BTC may reach $ 124,000. It is based on his expectations on the cookie. This is where commercial activity occurs, and it usually serves as a magnet to which the price decreases or rises.

RAven opens that in the short term, the Bitcoin price will decrease between $ 110,000 and $ 112,000. After that, he will start height. It puts the resistance at $ 118,000, then it will serve as a step by a step towards $ 124,000.

This analyst is not alone in his upscale expectations. Daan Crypto says the constant decrease may be the usual decline that occurs when the month begins. in Another x postNote,

“There is also a very high possibility, as we take a larger step this month … most months in a larger direction, see an early flow and then move to upgrade higher.”

These analysts share short -term expectations. The 2025 longest bitcoin price expectations indicate that more gains may occur before the end of the year.

In short, the next six weeks can be full of bitcoin. If the Federal Reserve continues with the reduction of the price that many are betting on, it will not be the extended to see Bitcoin paying a sign of $ 124,000.

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Welcome

Muthoni Mary is an analyst and writer in the experienced encryption market that has more than three years of experience deciphering Blockchain trends, price movements, and market dynamics. She holds a Bachelor’s degree in (Financial) Trade from Kenyatta University, and mixes the strong academic basis with the sharp eye of technical analysis and a deep understanding of the data on the series. Its work provides clear data -based visions that enable investors to move in the area of advanced digital assets with confidence. When the market does not analyze, Mary has reading and traveling.

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