**Bitcoin's Wild Ride: Rate Cuts and Election Jitters**
- Bitcoin's price could swing between $53K and $65K as the Fed's rate decision looms on Sept. 18, says Zerocap's Jonathan de Wet.
- A 62% chance of a 50 basis point cut has already spurred a brief rally, pushing BTC to $60K on Sept. 13.
- De Wet notes, "Tough to call on direction until we get closer to the election, but risk on conditions should lead to short-term positive sentiment."
- BTC is currently at $58K, with market sentiment split on the impact of rate cuts and election outcomes. ๐๐
Stay tuned, crypto enthusiasts!