So far, Bitcoin has seen a mixture of bulls and bears just in the past day alone. Although bulls appear to be taking the lead given its current market performance, will this be sustainable? Before the US Federal Reserve announcement of the rate cuts, Bitcoin experienced a slight dip in its trading price. However, following the announcement, the leading crypto saw a sudden price surge, reclaiming the $60,000 mark. Bitcoin continues to show bullish strength, trading at $63,006, reflecting a 5.6% increase over the past 24 hours. Related Reading: CME Traders Bet Big Against Bitcoin As US Fed Rate Cut Looms Is This Bitcoin Rally For Real? The sudden bullish performance from Bitcoin recorded over the past day has had several traders and analysts sharing their respective outlooks on the asset, with many focusing on the next potential trajectory of Bitcoin’s price. Despite the ongoing upward momentum, some experts urge caution, highlighting underlying market signals that could impact the sustainability of this bullish trend. One such expert, crypto trader Josh Olszewicz, shared his insights on this matter, suggesting th ..
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