BTC is finally going to rebound?

(Strategy Zhuye)

Good weekend, family, this week is coming to an end. Earlier this week, several weaker-than-expected economic data boosted market expectations for the Fed's September rate cut, but Friday's PMI data showed that overall business activity remained resilient, which may reduce the urgency of the Fed's rate cut!

This week, the Swiss National Bank started its second rate cut, the Bank of England signaled that a rate cut was imminent, and several Fed officials believed that there might only be one rate cut this year!

Next week is special because there will be no important economic data released next week, but more than 5 Fed officials will speak!

Although it has fallen so much, BTC has not rebounded and has not broken through $65,000. Let's not take it lightly!

Judging from the on-chain data, BTC in the exchange has not continued to increase in the past few days, but stablecoins have still flowed out from yesterday to today!

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