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FxPro: The Fed's upcoming relaxation of monetary policy may encourage long positions to overcome the short-term downward trend of BTC.
Golden Finance reported that Alex Kuptsikevich, Senior Market Analyst at FxPro, stated in a report on Thursday that the Federal Reserve's upcoming monetary policy easing may encourage BTC long positions to overcome the short-term downward trend, potentially pushing Bitcoin to $66,000. However, the report also pointed out that the new dumping trend is still dominant and may fall back to $55,000.