$BTC The weekly Bitcoin chart is shaping up with a bullish | BsPufferfish på Binance Square

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$BTC 
The weekly Bitcoin chart is shaping up with a bullish flag pattern, 
suggesting that a strong upward trend may be approaching📈🤞
#BinanceTurns7 #Bitcoin❗ 

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$BTC 🤞 BREAKING: Federal Reserve cuts interest rates by 50bps for the first time in 4 years. What can you anticipate for Bitcoin with today's major FOMC meeting? Consider the impact after the last rate cut in 2020📈 #BinanceTurns7 #Bitcoin❗

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$BTC Bitcoin is currently in a retracement phase before its next upward move📈 I’m anticipating $BTC to surge to between $62,000 and $65,000🤞💲 #BinanceTurns7 #Bitcoin❗

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$BTC 🤞 A rate cut could spark a sustained surge in Bitcoin. While it might experience a dip or decline through the end of September, a strong rise is expected afterward. #BTC to the moon🚀🌙 #Bitcoin❗ #BinanceTurns7

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$BTC 🤞 October holds strong potential to outperform September in the crypto market. Historically, Bitcoin has seen an average return of +22.9% in October, compared to a -4.48% decline in September. This positive outlook is supported by growing institutional interest, the potential approval of Bitcoin Spot ETFs in the U.S., and possible rate cuts by the Federal Reserve. Moreover, technical indicators suggest Bitcoin is gaining momentum, positioning October as a strong candidate for a bullish rally. There's a solid 60-70% probability that October will be more bullish than September🤞📈 #BinanceTurns7 #Bitcoin❗

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#BTCdominance (BTC.D) has unfortunately broken out of its resistance zone, and with Bitcoin surging, BTC.D is rising as well. This isn't favorable for altcoins. If this momentum continues, we may not see significant movement in altcoins, even with Bitcoin's rise. For altcoins to perform well, BTC.D needs to at least retrace to the zone it just broke out of. For even stronger alt performance, BTC.D would need to break below that zone and pull back to lower levels. In the current situation, avoid getting too excited by Bitcoin's pump. Be patient and wait for the right moment to enter alt positions. #BinanceTurns7 #Bitcoin❗

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