Bitcoin surged from under $65,000 to over $81,000 in about a week, flipping market sentiment from fear to greed. Whales accumulated approximately $3 billion worth of bitcoin over the past seven days, adding more than 39,150 BTC, while ETF buyers poured over $920 million into funds during the same period. Despite this renewed interest from large investors, analysts remain cautious following Fed Chair Kevin Warsh’s hawkish speech at Jackson Hole. Rekt Capital warns of a potential pullback in the coming weeks if the current rally is merely a bear-market relief bounce. Analyst Crypto Haris presents an even more bearish scenario, expecting BTC to decline to $74,000, then $67,000, and as low as $62,000 before eventually pumping to $90,000.
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