🚨 Bitcoin and Gold Price Trend Divergence 🧠

📊 | $BTC | $ETH | $BNB |

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- After July inflation data was released, gold prices rose, but Bitcoin didn’t follow
- CryptoQuant suggests Bitcoin may be showing a bottoming signal, and the probability that the Fed will pause rate hikes exceeds 60%
- July CPI data cooled, which could lead to changes in Bitcoin’s price action 🔥

- It’s possible that Bitcoin could see a short-term rebound, or it could be influenced by whale behavior
- It’s expected that Bitcoin’s price action will remain range-bound in the short term, with whale activity having a big impact on the market
- In the short term, Bitcoin may experience a pullback, or it could be influenced by market sentiment

- Readers, what do you think about the current Bitcoin trend?

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#Bitcoin #Crypto #Whales #Trading #Blockchain