Bitcoin May Face Headwinds This Autumn: If U.S. Rate Hike Expectations Rise, It Could Fall Back to the $50,000 Range

TechFlow, September 3 — According to Nikkei reports, Bitcoin's price rally lacks momentum. Though purchased in August amid a "dollar depreciation trade," this surge proved short-lived, and expectations of US interest rate hikes now weigh heavily on Bitcoin. The market widely anticipates a price peak this autumn. The key focus is the US midterm elections in November. In past midterm election years, markets have typically declined from September through year-end, dropping 45% in 2018 and 18% in 2022.

Japanese crypto market analyst Masafumi Nishiyama warned, "If expectations for US rate hikes intensify sharply, Bitcoin could slide back into the $50,000 range." He also noted that anticipated autumn events such as the initial public offerings (IPOs) of companies like OpenAI and Anthropic "may easily trigger an outflow of aggressive investment capital, further burdening Bitcoin's market performance."