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Analysts believe Bitcoin is forming a local bottom as the Fed pivots toward rate cuts, though U.S.-China trade tensions remain a key risk.
💡 DMK Insight
As the Fed hints at rate cuts, Bitcoin’s potential local bottom could signal a shift in investor sentiment, especially for those weary of the volatility. However, the specter of U.S.-China trade tensions looms large, reminding us that while the crypto market may be finding its footing, external factors can still trip it up. It’s a classic case of two steps forward, one step back—just when you think you can breathe easy, the geopolitical chess game throws a curveball. Traders should keep their eyes peeled; the landscape is as unpredictable as ever.
📮 Takeaway
Monitor geopolitical developments closely, as they could sway Bitcoin’s recovery trajectory.
