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Bitcoin Price Forecast: $150K Target as Trump Advocates for Bold 100 BPS Rate Reduction – US Finance Times

Bitcoin Price Forecast: $150K Target as Trump Advocates for Bold 100 BPS Rate Reduction

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The price of Bitcoin is currently stabilizing within a clearly defined ascending symmetrical triangle, indicating that a breakout may be on the horizon. The possibility of an interest rate reduction by the Federal Reserve has added another layer of speculation to the market, keeping investor interest at a peak. As a result, both technical indicators and macroeconomic factors are starting to converge, heightening expectations for the upcoming significant movement.