Bitcoin Bulls Raving, the US Fed May Ease Going into 2020

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The Federal Reserve has finally cut its interest rate, its first reduction since the financial crisis. Bitcoin bulls like Anthony Pompliano, could not be more excited. The rather aggressive Bitcoin investor has predicted a BTC price of $100,000 in the next two years. Pomp says that the Fed’s lowered interest rates coupled with the coming 2020 Bitcoin halving are the ingredients required to get the BTC bulls on the run. On Twitter, the American entrepreneur and co-founder of Morgan Creek Digital Assets wrote: “Bank of America believes the Federal Reserve may have to resort back to quantitative easing as early as Q4 this year. Step 1 was cutting interest rates. Step 2 is printing money. Step 3 will be the Bitcoin halving. You can’t write a better script for the rise of Bitcoin.” Is This Good For Bitcoin? The US has been enjoying a strengthened economy, but their president’s war…

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