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.

Rising inflation, Bitcoin’s four-year cycle, and excess leverage continue to draw the cryptocurrency’s price down.

The group's Dir. of Global Macro Jurien Timmer calls it an accumulation zone but notes the lack of a catalyst to bounce yet.

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…

Crypto analyst Kevin says Bitcoin is showing multiple higher-timeframe bullish signals that suggest the bear market may be nearing its end, even if BTC revisits the…