Bitcoin ATH Depends on These Three Preconditions After Rate Cut

The US Federal Reserve has cut interest rates for the first time in nine months. Can Bitcoin’s price now break its previous all-time high of $123,000? On-chain analysts predict the next two weeks will be crucial for price action, saying a new all-time high is likely if futures premiums remain positive and open interest increases during this period. Futures Market Flips to ‘Risk On’ On Wednesday, the Fed’s Federal Open Market Committee (FOMC) lowered the US federal funds rate by 25 basis points to 4. 00–4 source: https://beincrypto.com/bitcoin-ath-depends-on-these-three-preconditions-after-rate-cut/