📉 Bitcoin (BTC) took a 5.6% nosedive to $64,300, its lowest in over a month, amidst a backdrop of US economic slowdown. But don't panic, folks! The derivatives market is hinting at a potential BTC recovery. Despite high interest rates and a modest 0.1% increase in US retail sales, experts believe consumption is returning to a "more normal pace for the economy." Meanwhile, Bitcoin whales and miners remain optimistic, with reduced sell pressure and a bullish stance during the dip. So, while Bitcoin ETFs experienced a $562 million outflow in three days, there's no need to brace for additional BTC price pressure. The Fed might even cut rates by year-end. Keep calm and carry on, crypto enthusiasts! 😎