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Title: Bitcoin to Kick Off Strong Move After Fed Announcement: Top Analyst
As the crypto market continues to navigate the uncertain landscape of 2025, a top analyst has made a bold prediction about the future trajectory of Bitcoin. In a recent interview, Bloomberg expert McGlone shared his insights on the potential outcome of the Federal Reserve’s upcoming decision.
According to McGlone, the Fed’s announcement will likely trigger a strong move in the crypto market, particularly in Bitcoin. The expert emphasized that gold ETFs have been witnessing significant inflows this year, whereas investors have been withdrawing funds from spot Bitcoin ETFs. This dichotomy has led him to predict that Bitcoin may head back down to $10,000.
Not everyone is convinced by McGlone’s forecast, as renowned investor Cathie Wood, the founder of Ark Invest, continues to bet big on Bitcoin’s potential. Despite her company dropping Meta shares, Wood remains optimistic about Bitcoin’s prospects, predicting it could reach an astonishing $150,000 this year.
Despite these contrasting views, it is essential to note that investors must be prepared for any eventuality in the crypto market.
Source: https://u.today/bitcoin-to-kick-off-strong-move-after-fed-announcement-top-analyst
