🚀 Bitcoin Watch: Will the Bulls Return? 🚀

Over the past month, Bitcoin has dipped 6%, while the Nasdaq and S&P 500 have gained 3.7% and 4% respectively. What's going on? 🤔

Some speculate Wall Street is redirecting funds from Bitcoin ETFs to tech giants like NVDA and TSMC. Others point to Bitcoin miners selling off to cover rising electricity costs. ⚡

Goldman Sachs' chief economist, Jan Hatzius, suggests a potential 25-50 basis point Fed rate cut. Historically, lower rates have boosted Bitcoin prices. 📈

With the Fed possibly easing up, could Bitcoin be poised for another rally? Stay tuned! 🌟