🚀#Bitcoinup 4% from 21-22/8, holding $60K support. Some analysts say it needs to break $62K to confirm the uptrend. 🧐

📈 Decode: BTC needs to break above 200-day MA to "continue the uptrend". However, August-September may still be "boring", but Q4 will explode!

💡 FOMC expected to cut interest rates on 18/9. A 0.50% cut could boost risk markets. Even a 0.25% cut is a positive signal.

📊 S&P 500 nears all-time high, gold hits new high, while BTC is still 16% below its June 2024 all-time high.

💰 Gold ETF holds $246.2B, while BTC only holds $66.6B. Despite its censorship-resistant nature and fixed monetary policy, BTC needs time to assert its position.

📈 BTC ETF inflows increased by $226M in the last 4 days of August 21, showing growing interest.

🇺🇸 Upcoming US election, candidates are motivated to support digital finance. Kamala Harris pledges to support crypto development.

📊 If US employment and inflation data are positive, monetary policy may loosen, giving BTC a chance to surpass $62K before the end of the year.

👉 What do you think about BTC's outlook? Comment below! 💬#Crypto#Blockchain#Finance#BTC #BitcoinVietnam