Following the recent decision by the US Federal Reserve (Fed) to cut interest rates, the Bitcoin price has resumed its upward trajectory after a brief period of consolidation below $115,000.
This shift aligns with forecasts from leading analysts, who suggest that the market’s top cryptocurrency may reach a new all-time high (ATH) in the coming months. Some experts even believe that this milestone could be achieved as soon as two weeks from now.
Bullish Indicators Emerge
Market expert Axel Adler has highlighted key indicators supporting this outlook. He noted on social media platform X that BTC futures are trading at a premium compared to spot prices, with a consistently positive basis. Additionally, the seven-day basis is above the thirty-day average, suggesting a bullish market regime.
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