9.14 BTC Hanging by a Thread 1. BTC has once again formed a top consolidation zone. If the daily candle effectively breaks below 76,000, the rebound will be over, and we’ll enter the second half of the bear market. 2. South Korea raised interest rates in August, Europe raised rates last week, and this week both the Federal Reserve and Japan have interest rate meetings. Rate hikes are expected, and the world will enter a rate hike cycle to combat inflation. All risk assets will step into a bear market.