<ul><li>Bitcoin (BTC) struggles to regain momentum, hovering around $53,000 and $60,000 levels for six consecutive weeks.</li><li>Analyst Doctor Profit predicts a potential 'Blood Monday' if the Federal Reserve (Fed) implements a 0.50% rate cut during their upcoming meeting on September 18.</li><li>The analyst believes that failing to implement a larger rate cut could lead to market turmoil, similar to the 'Blood Monday' in August, resulting in a significant price drop for Bitcoin.</li><li>Despite short-term risks, Doctor Profit remains bullish on Bitcoin's long-term prospects, expecting a return to expansive monetary policy and a foundation for recovery.</li></ul>

Bitcoin Alert: Analyst Predicts New ‘Blood Monday’ With 0.50% Fed Rate Cut Looming

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