Signal of market change? Jump Trading selling pressure weakens, BTC holds the $50,000 mark!

Transform Ventures founder Michael Terpin pointed out that as the Bank of Japan suspends interest rate hikes and the selling pressure from Jump Trading gradually subsides, the possibility of Bitcoin falling below $50,000 has decreased. Even if the market turmoil revives in the next two months, BTC is still expected to continue the traditional four-year bull market trajectory and achieve steady growth in October and November.

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