Bitcoin Plummets Below $63,000: Why Is BTC Going Down Again?

Article summary

Jordy Visser believes Bitcoin is forming a long-term bottom and could trade above $100,000 within a year, with the July 28–29 FOMC meeting serving as a key catalyst. Visser estimates a 35%–40% chance of a Fed rate hike, but says keeping rates unchanged could lift Bitcoin above $70,000.