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23 September, 2024

Bitcoin on the Verge of a Rally: FTX Payouts & Fed Shift Spark Hope

23 September, 2024

Could Bitcoin be gearing up for a significant rally? A recent report by 10x Research suggests that a confluence of factors, including the looming FTX payouts and a potential shift in the Federal Reserve’s monetary policy, could be setting the stage for a bullish run. The report delves into the interplay of macroeconomic trends and historical seasonality, highlighting key indicators that point towards a positive outlook for Bitcoin. While the potential for a rally is exciting, investors are cautioned to remain aware of the inherent risks associated with the cryptocurrency market. Join us as we explore the intricate factors shaping the future of Bitcoin and what they mean for investors.