A Stealth Trigger Could Catapult BTC Out of Shaky Markets — 10x Research Reveals

Bitcoin's rollercoaster ride might be nearing a turning point—if an under-the-radar catalyst kicks in.

Here's what could flip the script.

The invisible hand shaking Bitcoin's cage

Market tremors have left traders clutching their ledgers, but 10x Research spots a potential game-changer lurking in the shadows. No, it's not another Elon tweet—this time, the trigger might actually matter.

Why this could be different

Past rebounds relied on retail FOMO or institutional posturing. The new factor? A structural shift that bypasses tired market psychology altogether. (Cue Wall Street's collective eye-roll.)

One thing's certain: when crypto moves, it punishes the unprepared twice as fast as it rewards believers. Buckle up.

BTC Major Rebound Mirrors Last Year’s Dynamics: Report

The month of August has historically been the weakest month, with 5–20% drops. The report compares the current setup to that of last year’s dynamics.

“Bitcoin has now corrected in line with typical August seasonality, coinciding with downward revisions to U.S. labor market data,” it noted, adding that the economy may be on shakier ground than investors had assumed.

Last year, Bitcoin’s weakness proved temporary after the Fed responded to early signs of cooling labor market.

The Fed softened with a surprise 50 basis point rate cut in September 2024, showing a long-term supportive backdrop for the BTC price. This momentum provided another near-term tailwind for Bitcoin.

As reported earlier, the Federal Reserve maintained interest rates at 4.25%-4.5% last week, triggering a market selloff.

10x Research noted that we WOULD expect further declines in risk assets after the first rate cut in September. This will be followed by a sharp rebound once a cut becomes certain and is publicly validated by Fed officials, it added.

“In recent times, Bitcoin has proven its ability to weather turbulence inflicted by external factors, an encouraging sign of its increasing maturity,” Gadi Chait, Head of Investment at Xapo Bank, told Cryptonews. “Our conviction in Bitcoin’s long-term potential still stands, undeterred by short-term price fluctuations.”