BTC hovers around $59,500 on Aug. 30 as traders compare price action to 2023 slump.
📉 US PCE data doesn’t change the current picture.
🔍 September rate cut expectations remain intact.
📊 BTC needs to surpass $62,000 for further gains, says Crypto Ed.
📈 Trader Josh Rager: US stocks near peak, expect BTC to be different in September.
🌥 Titan of Crypto: Ichimoku Cloud could be key to BTC’s short-term strength.
BTC ended August down around 8%, but has recovered nearly 40% from its low of $45,500 on Aug. 5.
What do you think of BTC’s outlook? Comment below!