# WillBTCSurgeWithTheExpectedRateCutInSeptember?

#Will BTC surge with the expected rate cut in September?
🟢 Bitcoin chart update
The chart you see has 2 resistance points. We will wait for the closing below or above both resistance points. If the closing is below 61800, the downward trend will continue. If there is a 4-hour closing above 64200, the upward trend will continue. As in the past, we can test our upper horizontal line or the downward trend may come without testing. In either case, we will follow where the closing will be at the resistance points you see now. We told everyone to switch to cash when altcoins go up, hopefully some

#Will BTC surge with the expected rate cut in September?
The morning BTC market has formed a stable situation, oscillating around the range of 58600-59300. We caught a wave of long positions in the morning, and the market has also pumped up as expected, successfully gaining 700 points. Currently, the price is gradually testing the 60000 mark and has reached around 59600 at this stage

#Will BTC surge with the expected rate cut in September? It is widely expected that the Federal Reserve will cut interest rates by 25 basis points in September. This expectation is based on the latest economic indicators and statements from Fed officials.
Despite a positive outlook for interest rate cuts, Bitcoin is struggling to gain momentum. While traditional markets such as stocks and gold perform well, Bitcoin is still well below its all-time high.
Increasing institutional interest and continued inflows into Bitcoin ETFs are positive signs. However, these factors have not yet turned into

#Will BTC surge with the expected rate cut in September? Join Gate.io Answer & Earn
Take the Quiz to Win Fancy Prizes
Join Now: https://www.gate.io/activities/answer-earn/?refUid=15526079&ch=AnswerEarnIOTX

#Will BTC surge with the expected rate cut in September? .
BTC has largely rebounded from the low point of August, and there is a high possibility of a significant increase in September, as the markets speculate on the Fed's interest rate cut. BTC has pumped about 40% from the low point of August and is approaching the resistance level close to ATH. It is expected that the Fed will cut interest rates in September, which will likely have a positive impact on BTC through lower borrowing costs and increased liquidity. Traders are closely monitoring the potential impact of these developments on B

#Will BTC surge with the expected rate cut in September? A potential interest rate cut means an upward trend for Bitcoin (BTC)
NOT INVESTMENT ADVICE
#ContentStar
#HotTopicDiscussion
#GateLive

#Will BTC surge with the expected rate cut in September? #hot newse isthe best btc jggf jfhy khghy jght#hot

#Will BTC surge with the expected rate cut in September? #Will BTC surge with the expected rate cut in September? Expectations exist but it's not certain what will really happen, you need to be cautious and make small investments to profit safely without taking too much risk. #btc eth #gt.

#九月降息预期下，BTC能否大涨？ #Will BTC surge with the expected rate cut in September?
#BTC breaks through key resistance
We can expect BTC to undergo a pullback and turn this level into support.
If we can create a higher low, we can continue the bullish trend.