Why might Bitcoin have an opportunity after the Federal Reserve's July meeting?

In July, the Federal Reserve meeting had an overall 'tight' stance (meaning not easing quickly), but many officials were more open to the possibility of a rate cut in September than before. A few officials even directly stated that they might support a rate cut in September.

Now everyone anticipates a possible rate cut, and the dollar is struggling to withstand the pressure; with more money in the market, assets like stocks and cryptocurrencies that carry risk but could yield higher returns are drawing more attention.

Bitcoin, on one hand, has significant price fluctuations (high Beta), and on the other hand, many believe it can combat rising prices (anti-inflation). In the short term, many people will likely speculate on it based on the 'possible rate cut' news; looking at the mid-term, the broader environment may also align in its favor.

In fact, there is no consensus within the Federal Reserve on 'whether to cut rates and when to cut,' and this divergence is actually good news for Bitcoin.