$BTC Update: Potential Rate Cut in September
Bowen recently mentioned that a rate cut might be considered in September. Despite most traders being bullish last night, my bearish prediction was right as Bitcoin dropped by $2,600, falling below $65,000 and nearing $64,000, just as anticipated.
The market outlook for Bitcoin will become clearer after August 2, with expected extreme market conditions on that date. Stay tuned for these developments for a better understanding of Bitcoin's future movements.
For now, the advice is to maintain short positions. Manage your investments wisely and ensure good risk control. Click here for more details. Enjoy your journey in the cryptocurrency world.
