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Fed Rate Cuts Spurs $1.6 Billion Bitcoin Buying Spree Among Whales, Can BTC Reach $70,000?

  • The Fed rate cuts have prompted a buying spree among Bitcoin whales, with 1.6 billion BTC purchased since the decision.
  • The bullish outlook for risk assets, including Bitcoin, is expected to drive significant price surges.
  • Bitcoin has already flipped the $60,000 level as support and could soon reach $70,000.
  • Historical trends and the upcoming post-halving rally suggest further price gains for Bitcoin.

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