$BTC — Update
Bitcoin may remain strong until about mid-September.
Two main catalysts:
• Expectations regarding the CLARITY Act (target around September 15)
• Activity in the US Treasury bond market (around September 9)
The market often operates on the principle “buy on the rumor — sell on the news.” So until these dates, momentum may persist, but after the news is released, increased volatility or a correction is possible.
For now, the bullish backdrop remains. The main thing is not to ignore the risks after a strong rally.
What do you think about $BTC until mid-September? Write in.
#BTC #Bitcoin #MarketUpdate
Bitcoin may remain strong until about mid-September.
Two main catalysts:
• Expectations regarding the CLARITY Act (target around September 15)
• Activity in the US Treasury bond market (around September 9)
The market often operates on the principle “buy on the rumor — sell on the news.” So until these dates, momentum may persist, but after the news is released, increased volatility or a correction is possible.
For now, the bullish backdrop remains. The main thing is not to ignore the risks after a strong rally.
What do you think about $BTC until mid-September? Write in.
#BTC #Bitcoin #MarketUpdate
