đ Bitcoin's back, baby! đ Just shy of $60K, BTC hit $60,845 on Bitstamp, up 3% for the day! Thanks to U.S. jobless claims and GDP data, the market's feeling pretty chill.
FedWatch Tool hints at a 0.25% rate cut in September, and QCP Capital's team says any dip will be short-lived. With Powell ready to cut rates, liquidity will pump risk assets higher.
Rekt Capitalâs got our back, noting BTC's strong performance and successful retests. But trader Jelle warns: stay cautious in this "predatory" market.
What do you think? Will BTC hold? Drop your thoughts below! đŹ
#Bitcoin #Crypto #DeFi #Web3 #Bullish
