In an interview with Cointelegraph, Tyr Capital's Chief Investment Officer, Ed Hindi, pointed out that despite historical data indicating that September typically sees a drop in Bitcoin prices, the recent interest rate cuts by the Federal Reserve and the relatively strong performance of the US economy could lead to market bears being surprised. Hindi further analyzed that the likelihood of Bitcoin stabilizing above $60,000 this month is significantly higher than it being below this price point. This prediction reflects the intricate considerations of the current macroeconomic environment and the cryptocurrency market.