Bitcoin price about to ‘blast’ higher as Fed rate cut odds jump to 60%
Bitcoin’s price is ready to break out of consolidation as alarming US GDP data increases chances of Fed interest rate cuts.
Key takeaways:
Bitcoin holds $95,000 as Fed rate cut odds rise to 60% for June 18 and the US economy slumps.
Breaking $95,000 could push BTC’s price toward $100,000, while dropping below $93,000 may bring the $84,000 back into the picture.
