Odaily Planet Daily News 10x Research said in its latest analysis that the recent rebound in the Bitcoin market is strategic, and $65,000 is crucial to book profits. As expected, the FOMC meeting minutes and Powell's dovish stance drove the rebound in Bitcoin, and the potential short squeeze pushed up the price of Bitcoin. However, despite its predicted increase of 10%, these gains have now been fully given back, and major risks are beginning to emerge as September approaches.