Bitcoin price about to 'blast' higher as Fed rate cut odds jump to 60%

Key takeaways:Bitcoin holds $95,000 as Fed rate cut odds rise to 60% for June 18 as US economy slumps. Breaking $95,000 could push BTC price toward $100,000, while dropping below $93,000 may bring the $84,000 back into the picture. Key Bitcoin levels to watch remain around the long-term holders’ cost basis. Bitcoin (BTC) is once again attempting to break above $95,000 on May 1 as markets price in that the US Federal Reserve might cut rates sooner than expected source: https://cointelegraph.com/news/bitcoin-price-blast-higher-fed-rate-cut-odds-60?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound