Bitcoin (BTC) $84,933.38last week, 95 thousand dollars approaching the levels of 80 thousand dollars to decreased by one of the hardest decreases of the last year. Increase in the fear of inflation and unemployment rates of data released in the USA Crypto Money MarketHe triggered the tendency to avoid risk. The US President Trump’s statement to evaluate Bitcoin as a strategic reserve created a short -term optimism, but could not prevent macroeconomic concerns. Analysts say that technical indicators give a decrease signal and Bitcoin can test 80 thousand 454 dollars.
The economic uncertainty in the United States shook Bitcoin
Recently announced in the USA Economic data He pointed out that inflation pressure continues. Hikes and customs tariff increases to basic consumer goods led to investors to get away from risky assets. The uncertainty about the Federal Reserve (FED) interest policies forces market participants to be cautious.
Moreover, corporate investors due to increased bond returns crypto currency Bitcoin’s liquidity decreased with the exit from the market. The lack of critical resistance levels in the graphics increased sales pressure further. The negative course of the 12 -hour MACD indicator also shows that the decline trend may continue in the short term.
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Miners’ accumulation strategy
On the other hand Bitcoin minesdespite the price decrease in the last two weeks 1.8 million BTC reserve accumulation by making attention. This accumulation corresponds to about $ 820 million. The miners’ long -term position strategy balances the sales volume in the market and contributes to the protection of support levels.
Technical analysis predicts that Bitcoin may decline to 87 thousand 678 dollars of resistance to 80 thousand dollars. In addition to the savings of the miner, the interest rate below the 82,000 dollar level strengthens the expectation that the decrease may be limited. Nevertheless, market observers warn that macroeconomic data and mining activity will determine the short -term course of Bitcoin and that a deeper decline is on the table.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
