Fed cuts 50 basis points - Bitcoin rises

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More than expected

Fed started cutting rates today and the first reaction of Bitcoin is up! Get ready guys, bullrun 2.0 will start soon!

If we sustain higher prices until end of the week or even rise above 65k, the next rallye will start already this month. But I fear September will remain a seasonally bad month for Bitcoin. We‘ll see. For Q4 I am bullish though and still believe in 100k.

CNN

Fed cuts 50 basis points - Bitcoin rises | Ecency