🚀Bulls had high hopes for a $100K Bitcoin in 2024, but a rough Q2 saw BTC struggling to stay above $60K. Ether managed to outperform, but still ended in the red. Altcoins? They took a nosedive, with Solana, Ripple, and Dogecoin dropping like hot potatoes. 📉

😅Bitcoin's Q2 performance might just be a hiccup in the larger bull run. Remember, it rose five-fold from Jan 2023 lows to a record $73.5K in March. The spot Bitcoin ETF approval and anticipated interest rate cuts were major catalysts. But with no easing of US monetary policy and ETF inflows becoming old news, buyers are playing the waiting game. 🕰️

🔮Q3 might be a bumpy ride. Analyst Markus Thielen predicts a potential drop to $55K. Also, the presidential debate's outcome could impact the crypto market. Trump's pro-crypto stance vs a potentially stronger Democratic nominee? Let's see how this plays out! 🍿

📅Historically, Q3 has been the weakest with an average return of just 5%. So, brace yourselves, crypto enthusiasts! But hey, remember the second and fourth quarters' average returns are above 60%. So, keep your spirits high! 🎢

What's your take on this? Bullish or bearish for Q3? Let's chat in the comments! 💬 #DeFi #Web3