Bitcoin Update: Local Top and $88K Retest This Week
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Bitcoin price volatility catalysts line up as traders weigh the likelihood of a trip below $90,000 to test recently-reclaimed support levels.
Bitcoin is bracing for a major US macro data week as crypto market participants warn of serious volatility next.
Bitcoin retests $92,000 after a promising weekly close, but traders still see a deeper BTC price correction to come.
A bumper week of US macro data comes with the Federal Reserve under pressure on multiple fronts.
The Fed has its hands tied, analysis argues, predicting interest rates coming down, liquidity booming and BTC/USD reaching $180,000 within eighteen months.
Bitcoin short-term holders are back in the black, making current price levels especially pertinent for speculative investors.
Sentiment is in neutral territory, but crowd-based FOMO may keep price from rising much higher, research concludes.
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