**Bitcoin Set to Surge as Fed Prepares to Lower Rates**
Bitcoin (BTC) could quickly hit $64,000 if the U.S. Federal Reserve lowers interest rates, says Capriole Investments. Founder Charles Edwards notes that BTC is at a critical juncture, poised for a bull run in Q4, typically its best quarter.
The Fed's anticipated dovish shift marks a significant policy change since late 2021, potentially reversing Bitcoin's previous decline from $60K to $15K. Edwards suggests that barring any surprises, BTC/USD could reclaim $64K soon.
Despite mixed technicals, the macroeconomic outlook and upcoming ETF launches paint a bullish mid-term picture for Bitcoin.