🌐 #CryptoMarket Update 08.09: The "Hard Landing" fears fumbled as unemployment benefits swooped in to save the day! 😅Despite recession jitters shaking the global markets, #Bitcoin and some strong altcoins are bouncing back like a rubber band! 📈 The decline in unemployment claims has calmed the storm, and the markets are gradually recovering. With recession fears easing, the probability of a hard landing is decreasing. The trend continues, and late August looks promising! 🌞The #FedRateCut in September? A 43.5% chance for a 25bps cut and a 56.55% chance for 50bps. The market is leaning towards optimism, shaking off the recent crash and looking forward to better days ahead! 🚀🔎 Daily Analysis:Rebound in progress after a sharp drop, with significant resistance around 63k and 65k. Watch for potential retracements.🔎 4-Hour Analysis:Bullish trend confirmed, breaking through the 60k barrier. Resistance at 62.8k, support at 60.5k.🔎 Intraday Analysis:Recent volatility is the new normal with political and economic uncertainties. Surviving these ups and downs is key—stay calm, and carry on! 📉📈#BTC CryptoTrading #MarketAnalysis Investing #Economy BullMarket #TradingTips CryptoNews
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🌐 #CryptoMarket Update 08.09: The "Hard Landing" fears fumbled as unemployment benefits swooped in to save the day! 😅Despite recession jitters shaking the global markets, #Bitcoin and some strong altcoins are bouncing back like a rubber band! 📈 The decline in unemployment claims has calmed the storm, and the markets are gradually recovering. With recession fears easing, the probability of a hard landing is decreasing. The trend continues, and late August looks promising! 🌞The #FedRateCut in September? A 43.5% chance for a 25bps cut and a 56.55% chance for 50bps. The market is leaning towards optimism, shaking off the recent crash and looking forward to better days ahead! 🚀🔎 Daily Analysis:Rebound in progress after a sharp drop, with significant resistance around 63k and 65k. Watch for potential retracements.🔎 4-Hour Analysis:Bullish trend confirmed, breaking through the 60k barrier. Resistance at 62.8k, support at 60.5k.🔎 Intraday Analysis:Recent volatility is the new normal with political and economic uncertainties. Surviving these ups and downs is key—stay calm, and carry on! 📉📈#BTC CryptoTrading #MarketAnalysis Investing #Economy BullMarket #TradingTips CryptoNews