In the new month of August, how will the market go? 🔥

#比特币 After experiencing the ups and downs in July from the lowest 54,000 to 70,000, with a maximum increase and decrease of 26.84%, will August start a bright month?

The answer is no. Judging from the weekly K-line, the first half of August will need to experience a small correction, probably to 63,000 or lower, and then start the rising market in the second half of the month. With the good news of the US interest rate cut in September, the market will sneak ahead and will most likely break through 70,000.

Whether it can return to the crazy bull market in February depends on whether the biggest interest rate cut this year can be implemented, and secondly, Trump's election as the US president proposes a truly beneficial policy for Bitcoin. These two factors determine when the big bull market will come! $ETH $BNB #比特币大会 #美联储何时降息？ #美国大选如何影响加密产业？