Bitcoin has rebounded by 20% in a short period, facing multiple challenges. Let's explore the key factors and risks in this critical phase.
The CME Spread and the Trump Effect: An Explosive Cocktail
The CME futures market shows a rare technical anomaly — an $85,000 gap, which could lead to a sharp correction. Meanwhile, statements from Donald Trump about a 'strategic reserve of cryptocurrencies' have induced euphoria in the market. However, analysts warn of potential liquidation by large players. Upcoming speeches from Fed's Jerome Powell and U.S. employment data will test Bitcoin's resilience.
Conflicting Signals from the Crypto Market: Between Euphoria and Caution
On-chain data shows an improvement in Bitcoin address profitability, but analysts urge caution. Sentiment notes that institutional investors remain on the sidelines. Should Bitcoin fall below the $90,000-$91,000 range, prices could rapidly head towards $85,000.
Bitcoin on a Volcano: Key Risks and Prospects
Bitcoin's current surge has caused significant short position liquidations, yet trading volumes remain low. Without fresh capital influx, the movement might lose steam. Attention to statements from the Fed and the White House highlights ongoing market imbalances. Correction risks remain high, and Bitcoin's next steps depend on macroeconomic data.
Bitcoin continues to oscillate between political declarations and market conditions. The current phase might define the cryptocurrency's immediate future. Volatility remains high, and reassessment of risks is essential for navigating this uncertain market.
