📢 Cryptocurrency News: What's in Store for Bitcoin in September?
- QCP Capital analysts predict a bearish September for Bitcoin, but a possible Fed turn could bring relief.
- Historically, September has been a bad month for BTC, but this could support potential growth.
- BTC is expected to strengthen around $54,000, as it did in July before jumping to $70,000.
- BTC is currently trading at $58,000, up 2%.
📊 Experts say: Fed rate cut could change BTC's historical trend.
- Philipp Zentner, CEO of Li.Fi, believes that the expected rate cut could trigger a rally.
- BTC dominance has grown to 58%, while balances on crypto exchanges have fallen to a four-year low.
💬 What do you think about the future of Bitcoin? Share your thoughts in the comments! 👇