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‘Book some profits’ as crypto expert warns of imminent Bitcoin correction
After experiencing a strong downturn in late August and early September, Bitcoin (BTC) has, in recent weeks, entered a rally that only grew in intensity shortly after the Federal Reserve lowered interest rates by 50 basis points on September 18 for the first time since 2020. The rally has sent BTC well above $60,000 and, at one point in the early hours on Friday, above $64,000. Bitcoin has, however, quickly entered a slight correction, but one prominent cryptocurrency expert, Ali Martinez, warned on X that investors would be wise to ‘book some profits’ by selling the cryptocurrency. According to Martinez, a ... (full story)
