Alright, so Bitcoin‘s doing its usual thing-dropping like my enthusiasm at a family gathering. But wait! Some “experts” (because we all trust those) are saying this is just a little hiccup before the big kaboom. đ
Apparently, the Federal Reserve-yes, the same geniuses who couldn’t predict inflation if it hit them in the face-might accidentally do something right for once. And by “right,” I mean cut rates so much that even my grandma starts buying Bitcoin. Classic.
Analysts: “Trust Us, We’re Not Panicking (We’re Panicking)”
Bitcoin took a nosedive below $108K because, surprise, inflation was “hotter than expected.” Who saw that coming? Oh right, everyone except the Fed. The market lost $170 billion in a day, which is roughly the GDP of a small country or the amount Iâve wasted on bad investments. đ¸
But fear not! Some guy named “Mr. Wall Street” (totally his real name) says this isnât the end. Because, you know, real market tops happen when everyoneâs euphoric, not when theyâre all arguing like my relatives at Thanksgiving. Solid logic.
Heâs betting the Fed will cut rates by 50 basis points because, hey, why not? The labor marketâs weaker than my resolve to diet. And if they do, cue the FOMO buyers rushing in like itâs a Black Friday sale at Best Buy. đâĄď¸đ
His prediction? Bitcoin at $200K by Q4. Or $140K. Or $160K. Honestly, itâs like heâs throwing darts blindfolded. But hey, CryptoQuantâs Carmelo AlemĂĄn (another trustworthy pseudonym) agrees, so it must be true. He says metrics like the NVT ratio and miner reserves arenât screaming “SELL!” yet. Because nothing says “buy” like a bunch of acronyms nobody understands. đ¤ˇââď¸
Bitcoinâs Price: Down, But Not Out (Yet)
Right now, Bitcoinâs sitting at $107K-down a smidge today, down a bit more this week, and down even more this month. But year-over-year? Up 83%. So, you know, itâs fine. Unless you bought at the top. Then, uh⌠my condolences. đŞŚ
Itâs 13.5% below its all-time high, which, in crypto terms, is basically a rounding error. Supportâs holding around $107K-$109K, but momentumâs weaker than my excuses for skipping the gym. Will it bounce back? Maybe. Should you bet your life savings on it? Probably not. But hey, itâs your funeral. đŹ
Read More
- BTC PREDICTION. BTC cryptocurrency
- EUR USD PREDICTION
- USD JPY PREDICTION
- ETH PREDICTION. ETH cryptocurrency
- EUR CHF PREDICTION
- DOT PREDICTION. DOT cryptocurrency
- EUR RUB PREDICTION
- OP PREDICTION. OP cryptocurrency
- USD VES PREDICTION
- GBP JPY PREDICTION
2025-09-01 13:46