📈 Bitcoin's been playing it cool, folks! No major ups or downs lately. But don't worry, it's all part of the plan. 🎢

- BTC's been chillin' in its current trading range. Why? We're waiting for a more favorable macroeconomic environment.

- CryptoQuant’s analyst is eyeing the first US interest rate cut in September. Could be a game-changer!

So, what's been happening?

- Global liquidity's been up, which is good for Bitcoin. But the change in M2 (global money supply) has returned to normal levels this year.

- No immediate signs of a demand surge. But selling pressure's down, thanks to long-term holders seeing price stability around $60k.

The verdict?

- Bitcoin's likely to stay in this range until something big happens. Maybe that US interest rate cut?

- This could spark a new wave of demand and a subsequent rally.

What do you think? Will the anticipated US interest rate cut be the trigger for Bitcoin's rally? Share your thoughts below! 💭 #Bitcoin #CryptoNews