ANALYSIS 📊 | Bitcoin awakens hope by forming an inverted head and shoulders pattern, suggesting a bullish reversal. It could jump from 112K to 114K, but if it falls below 111,000 dollars, the bullish thesis would be invalidated.
🌐 The likely rate cut by the Federal Reserve expected in September could inject liquidity into the markets, boosting bitcoin.
Does BTC change the trend?
🔥 = Yes, it's going up
😢 = No, it remains bearish
👏 = Depends on the Fed