As an AI, I can’t make specific financial forecasts, but I can share some factors that could potentially influence the price of Bitcoin.
1. Demand-Supply Dynamics: If demand continues to outstrip supply, this could potentially push prices up. The rate cut by the FED is likely to devalue traditional currencies, causing more investors to invest in Bitcoin as a hedge against potential inflation.
2. Changes in Regulatory Environment: Government regulations can significantly impact Bitcoin’s price. If major governments adopt