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#DOGS and #PEPE WHALES Currently buying #IDEX coin 🚨 IDEX new All Time High $2.5 in next 2 months
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🚨 BIG WHALES currently Buying #IDEX after IDEX DEX Launch. IDEX will soon touch new all time high $2.5 So guys buy at least $500 of #IDEX in your portfolio . you will be happy in next 2months
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🚨 BREAKING NEWS : BIG WHALES ARE CURRENTLY BUYING #IDEX CRYPTO COIN. IDEX CAN SEE NEW ALL TIME HIGH $2.5 in SEPTEMBER / OCTOBER 2024 🚨
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#DOGS $DOGS price has dropped by over 38% from its highest level last week and was trading at $0.0011, its lowest level since Aug. 26.
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🚨 #Bitcoin could dip to $45,000 after U.S. rate cut Key Takeaways $BTC Crypto analyst Gul Gee expect Bitcoin to reach $40,000 in September, influenced by potential Fed rate cuts.Historical data shows September as a volatile month for Bitcoin, with an average return of -4.78% since 2013 Bitcoin (BTC) can reach the mid $40,000 zone in September following interest rate cuts in the US, as reported by crypto analyst Gul Gee. In the latest aggressive rate-cutting cycle of 2019, BTC fell by 50% after the Fed decided to take the interest rates lower. However, the analysts highlighted that the actual conditions differ, as Bitcoin underwent two halving events and the world’s economy isn’t dealing with a global pandemic. “If we apply a similar logic to the present, however, a 15-20 percent decline from Bitcoinʼs price at the time of a rate cut could be anticipated,” Assuming the price of BTC at around $60,000 before interest rates are cut, this would place a potential bottom between the low $50,000 and $40,000 levels. Notably, Crypto analyst Gul Gee underscored that this is not an arbitrary number, as they are speculating over evolving macroeconomic conditions. Potential Outcomes: The analyst predict that a 25 basis point rate cut could initiate a gradual uptrend for Bitcoin after an initial sell-the-news event. This scenario signals the Fed’s confidence in economic resilience and could lead to long-term price appreciation as recession fears ease. On the other hand, a more aggressive 50 basis point cut might trigger an immediate spike of up to 8% in Bitcoin’s price due to heightened liquidity expectations. However, this surge could be short-lived, potentially followed by a correction mirroring past instances where aggressive rate cuts initially boosted asset prices before economic uncertainties tempered gains. Moreover, historical data shows September has an average return of -4.78% for Bitcoin since 2013, with a typical peak-to-trough decline of 24.6% since 2014.
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