🚀Q2 2024 has been a rollercoaster for #Bitcoin! Bulls were hoping for a $100k BTC, but selling pressure has kept it struggling around $60k. Despite a 14% decline, there's optimism with the anticipated spot ETF approval.📉

#Ethereum outperformed but still saw a 5% drop. Altcoins like #Solana, #Ripple, and #Dogecoin suffered even larger declines, dragging the CoinDesk Index down by 21%.📊

Despite the disappointing Q2, some see this as a correction within a larger bull move. Major catalysts like the spot bitcoin ETF approval and macro factors like anticipated interest rate cuts played a role in the rise.🔝

However, with ETF inflows becoming old news and hopes for lower interest rates fading, buyers seem to be on the sidelines. Q3 might bring more pain, with predictions of a decline to $55k.📉

What's your take on this? Are we in for a bearish Q3 or will the bulls make a comeback? Let's discuss!💬 #CryptoNews #Blockchain