Bitcoin (BTC) gained 4% from August 21 to 22, but has yet to break the $62,000 resistance. Analyst Decode believes that BTC needs to close above the 200-day moving average to resume the bullish trend. However, he believes that August-September will remain a "boring zone." 📉

Investors are hoping for a Fed rate cut in September, which could support markets. But for now, Bitcoin is lagging stocks and gold.