The probability of the Federal Reserve raising rates by 25 basis points in December is 99.1%. The market is digesting the rate hike sentiment, and all negative factors are pressuring Bitcoin’s price. Clearly, Bitcoin is trying to return to $57,000—but it’s harder than climbing to the moon. Come on, it’s often during the deepest lows that true breakthroughs occur. When the market is truly ready to rise, altcoins may surge in just a few days—but Bitcoin doesn’t even need a month to reach a new all-time high.
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