Andrew Kang, co-founder of investment firm Mechanism Capital, believes crypto investors have overestimated the effects of the US Federal Reserve's rate cuts and China's stimulus. According to Kang, there's minimal correlation between US rates and Bitcoin, while China's stimulus primarily benefits Chinese stocks. Until a significant catalyst emerges, Kang predicts BTC will trade sideways between $50,000 and $72,000. Despite potential market volatility due to high leverage, Kang highlights the presence of investable coins and ongoing capital inflow.