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Super rebound expected around September 29/December
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🔹Reviews from Cognitive Society
It’s the last two days, and Bitcoin is still consolidating strongly, which is a good thing. As long as it holds at 65,000, it will be bullish.
When Bitcoin fluctuated sideways today, the old batch of altcoins did not take advantage, while the FTT batch of altcoins soared. This is the reason for the rotation of sectors, and also because the early altcoins reached a strong pressure point, and the main force waited and watched Bitcoin.
Currently, Bitcoin mainly relies on Bitcoin spot ETFs. This reliance will bring huge additional funds to Bitcoin and Ethereum due to interest rate cuts. Of course, it may also bring huge risks due to the US election and whether the US economy will decline.
🔹Reviews from Cognitive Society
It’s the last two days, and Bitcoin is still consolidating strongly, which is a good thing. As long as it holds at 65,000, it will be bullish.
When Bitcoin fluctuated sideways today, the old batch of altcoins did not take advantage, while the FTT batch of altcoins soared. This is the reason for the rotation of sectors, and also because the early altcoins reached a strong pressure point, and the main force waited and watched Bitcoin.
Currently, Bitcoin mainly relies on Bitcoin spot ETFs. This reliance will bring huge additional funds to Bitcoin and Ethereum due to interest rate cuts. Of course, it may also bring huge risks due to the US election and whether the US economy will decline.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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