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Chief Analyst of Real Vision: Loose financial environment may help Bitcoin reach new highs before the end of Q2

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Federal Reserve announced early this morning that it will slow down the pace of reducing its $6.8 trillion balance sheet, lowering the monthly limit for bond reduction from $25 billion to $5 billion. The loose financial environment seems to be stimulating risk appetite. The dollar recorded its third largest three-day decline since 2015, while US Treasury yields and bond market volatility also dropped significantly.

Real Vision's Chief Cryptocurrency Analyst Jamie Coutts said that these changes may lay the foundation for a significant increase in Bitcoin within the next 90 days. Historically, these signals often precede significant fluctuations in Bitcoin. Now, with the People's Bank of China increasing liquidity measures, despite ongoing concerns about Trump's tariffs and the possibility of an economic recession, the market may underestimate the speed at which Bitcoin could soar, possibly reaching a new all-time high before the end of the second quarter.

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