๐ Bitcoin's Rollercoaster Week! ๐ข
Bitcoin kicked off the week with a dramatic dip to $63,000, despite Fed Chair Jerome Powell's soothing words on interest rate cuts. BTC dropped 4% to an intraday low of $63,049 but is still on track to close Q3 with positive returns.
Powell hinted at cautious rate cuts in 2024, but Bitcoin traders remain optimistic for Q4. Data shows BTC is set to finish Q3 0.6% higher and 7% up in September.
Will Bitcoin's bullish trend continue? Share your thoughts in the comments! ๐ฌ
#Bitcoin #CryptoTrends #MarketWatch