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Bitcoin Faces High Volatility Amid Rate Cuts, Analysts Predict Potential Sell-Off
- Bitcoin has rallied 15% since hitting its weekly low of $52k.
- Volatility in the market is expected due to US Federal Reserve's rate cuts.
- Conservative rate cuts may cause a sell-off, while aggressive rate cuts could lead to a breakout from Bitcoin's $61k ceiling.
- Macroeconomic conditions will play a significant role in Bitcoin's price by the end of 2024.
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