Bitcoin has increased by 6% following a 50 basis point cut in the US interest rate by the Fed. Analysts believe this is the start of a transitional phase for Bitcoin, leading to a parabolic upward movement. It usually takes around 161 days after the halving for Bitcoin to move, with this period being labeled as the "re-accumulation range." Historically, BTC has broken out of this range in a few days, and the trader is bullish after Bitcoin reclaimed its range. However, this cycle is different as Bitcoin hit a new all-time high before the halving, which accelerated the cycle. Despite this, Bitcoin's acceleration rate is still ahead, but it's unclear if an upward movement will happen next or if there will be further corrections. Macroconditions are showing a positive setup for risk assets, and Bitcoin's correlation with the US stock market is near an all-time high. Market indicators suggest a period of growth, and seasonality is seen as positive, potentially leading to rallies in October and December.



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