đ **Bitcoin's Rollercoaster Ride: What's Next?** đ
Bitcoin enthusiasts, buckle up! Since the early 2024 Bitcoin ETF rally, BTC has been trading sideways after hitting an all-time high of nearly $74,000 in March. The SEC approved 11 Bitcoin ETFs in January, sparking a 170% gain in just five months! đ
However, September brings some headwinds. Governments might offload $33B in BTC, and ETF markets are seeing outflows. Historically, September isn't kind to Bitcoin, and U.S. election jitters add to the uncertainty.
But don't fret! The Fed's pivot to lower rates, bipartisan support in Washington, bullish smart money, and strong technical indicators suggest Bitcoin's long-term prospects remain bright. đ
Stay tuned, Bitcoiners! đ
