🚀 Bitcoin Breaks $65K! 🚀

Bitcoin (BTC) soared to $65,000 over the weekend, continuing its impressive recovery from the early August dip to $49,500. Traders are now on the edge of their seats, wondering if BTC will keep climbing or settle into a cozy range.

📉 DXY Down, BTC Up! 📈

The US Dollar Index (DXY) hit a year-to-date low, and Bitcoin responded by breaking out of the $53,000 range. Real Vision's Jamie Coutts dubbed this the "Bitcoin batshit season." 🍌

💬 Fed's Powell Teases Rate Cuts

Fed Chair Jerome Powell hinted at interest rate cuts, sparking a 6% BTC rally. Wall Street is buzzing with bullish vibes, expecting a stock surge.

📊 Equilibrium Returns

Glassnode data shows BTC back in "equilibrium," but demand growth remains low. Will BTC keep climbing or take a breather?

Drop your thoughts in the comments! 💬👇