BitcoinShort
btcusd
Bitcoin recently dropped due to bearish divergence, a break and retest of a trendline, and hawkish Federal Reserve comments. Fed Chair Jerome Powell reiterated that the Fed cannot own Bitcoin under current laws and maintained a cautious stance on rate cuts for 2025. These factors, coupled with regulatory caution, weigh on BTC, currently near $93,986. our target 88,000
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