#BitcoinUpdate đ€
- BTC could break out if it closes August above $64,300, needs to rise more than 7% from current $59,960.
- Bitfinex analysis: "BTC reclaiming key levels like $64,000 and $61,500 is a positive sign."
- Current market remains illiquid, low volatility.
#BTCStruggleđ
- BTC is struggling to break above $63,900 resistance.
- Analysis: "Price reflects historical trades, needs to be carefully considered."
- BTC's average September return is -4.78% since 2013.
#BullMarket2025đ
- Low interest rates could trigger a BTC bull market in early 2025.
- Kristian Hapalampiev from Nexo: "Low interest rates could give BTC a strong boost, strong bull market in 2025."
#FedMeetingđŠ
- Investors expect a Fed rate cut on September 18.
- CME FedWatch: 65.5% chance of a 25 basis point cut, 34.5% chance of a 50 basis point cut.
What do you think about the future of BTC? Comment below! đŹ
