Kevin O’Leary told Cointelegraph today that he’s not positioning his investments around a December Fed rate cut and doesn’t expect it to impact Bitcoin. Despite speculation and market odds showing an 89% chance of a rate cut, O’Leary remains unconcerned. He believes Bitcoin has “found a level for now” and will likely drift within 5% of its current price. This suggests Bitcoin may have found a floor, providing a base for potential upward momentum.
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O’LEARY SAYS $BTC HAS FOUND ITS LEVEL AROUND $94K
Kevin O’Leary told Cointelegraph today that he’s not positioning his investments around a December Fed rate cut and doesn’t expect it to impact Bitcoin.
Despite speculation and market odds showing an 89% chance of a rate cut, O’Leary remains unconcerned. He believes Bitcoin has “found a level for now” and will likely drift within 5% of its current price.
This suggests Bitcoin may have found a floor, providing a base for potential upward momentum.