Tuesday, August 20, 2024

Bitcoin is making a comeback! 💥 

With a 2.5% gain, BTC just hit $61,424, driven by a strong risk-on sentiment in the macro markets. Corporate share buybacks are through the roof, and it’s spilling over into crypto.

https://preview.redd.it/b13hbz1htsjd1.png?width=1590&format=png&auto=webp&s=87432c060ff336c7caabfcd52bcf713e345ad247

But the big question is: can Bitcoin finally break out of its range and push toward $70K?

We’ve got the Fed’s Jackson Hole symposium coming up – could this be the event that drives BTC higher? Or are we looking at more sideways movement? 


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