Bitcoin enters the Christmas week setting new records and expectations for significant price shifts in the near future.
Upcoming Bitcoin Market Volatility
Bitcoin shows significant market activity with new price records surprising many. The market is expected to become even more volatile. Crypto liquidations have exceeded $300 million over the past 24 hours.
Bitcoin Price Predictions
Predictions indicate a potential price increase for Bitcoin to $140,000 and beyond in the coming weeks. Several indicators suggest reaching this mark. Some sources even speculate a price rise to $150,000.
Fed and Bitcoin's Role in the US
The US Federal Reserve is preparing for another interest rate cut of 0.25%, which could impact the cryptocurrency market. Additionally, rumors suggest that US President Donald Trump may have plans to establish a national Bitcoin reserve.
Upcoming Fed decisions and actions by the US may significantly influence the Bitcoin market, whose potential continues to be actively discussed.