US investors are quietly buying Bitcoin after a 4% price dip and $9 billion selloff. Coinbase Bitcoin premium gap shows increased demand, signalling potential for Bitcoin to trade between $130,000 and $150,000 by year-end. Federal Reserve rate cut expected, with traders already pricing in an 88% chance.

Interest rate cut by the Federal Reserve seen as positive for Bitcoin. Analysts anticipate a dovish policy shift favouring growth over inflation control. Some analysts believe Bitcoin has lost momentum in the short term, expecting consolidation unless new market triggers occur. Bitcoin currently trades at $114,000, down 7% from its all-time high.

Bitcoin has gained 0.4% in the past 24 hours, trading at $114,747. Ethereum is up 3.1% to $3,671. Analysts closely monitor Federal Reserve decisions and market triggers for potential Bitcoin price movements.

Read more at Yahoo Finance: Coinbase premium just dropped a huge signal for Bitcoin’s price to hit $130,000