Bitcoin resistance level
-
Bitcoin on Fire! China’s Stimulus Fuels $78K Target—Will It Break New Records?
- September 24, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
No Comments
Bitcoin is gearing up for a significant breakout, targeting $78,000 in the coming weeks. This bullish sentiment follows recent technical analysis and the People’s Bank of China’s (PBOC) new economic stimulus package. On September 24, the PBOC announced it would inject around $140 billion into the financial system by cutting the reserve requirement ratio (RRR)
-
Brace Yourself: Bitcoin Could Surge as Fed Prepares First Rate Cut in Over 4 Years!
- September 16, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
Bitcoin’s market is set to experience significant volatility as the U.S. Federal Reserve prepares to announce its first interest rate cut in over four years. The much-anticipated decision could either provide a strong boost to Bitcoin’s price or create uncertainty, depending on the size of the cut and the Fed’s forward guidance. Rate Cut Impact
