📉 Bitcoin's rollercoaster ride continues! After failing to break the $70K barrier, BTC is chilling in the $55,724 to $73,777 range. August's historical 2.24% average rise isn't exactly inspiring confidence.
📉 Global equity markets are shaky, with Japan's Nikkei dropping 6%—its worst since 1987! Bitcoin's $60K support might be next in line for a test.
📈 But hey, analysts like Willy Woo are still bullish long-term. A 3% portfolio allocation by financial institutions could send BTC to a whopping $700K! 🚀
Stay tuned, crypto enthusiasts!