Crypto Price Predictions: Bitcoin’s Rally Ignites Bullish Momentum

A wave of optimism swept through the cryptocurrency market this week as major coins surged past crucial resistance levels. Bitcoin (BTC), leading the charge, breached the $114,000 mark after inflation data painted a softer-than-expected picture. This positive outlook was further fueled by anticipation of a potential rate cut from the Federal Reserve. Several analysts predict an impressive surge for BTC to potentially reach $167,000-$185,000 this year if its correlation with M2 and gold holds true. ,