🚀 Bitcoin's recent 8% dip has experts like Bitwise's Andre Dragosch urging caution. After a record high of $100,000, BTC fell to nearly $95,000, influenced by the Fed's hawkish stance on rate cuts. This shift also impacted traditional markets, with the S&P 500 dropping 2%.

- Dragosch, who predicted BTC's July rally, warns of potential short-term losses but sees a buying opportunity due to BTC's supply deficit.

- Rising Treasury yields and a strong dollar are making riskier assets less attractive.

What are your thoughts on BTC's future? Share in the comments! 📈