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Bitcoin Rally May be Short-Lived as Risky Pattern Forms
The BTC/USD pair continue its recovery and hit its highest level since 88,663, its highest level since March 7 this year. It has been in a slow uptrend after bottoming at 76,485 earlier this month. Bitcoin’s recovery coincided with the strong performance of the stock market, a sign that the market embraced a risk-on sentiment after reports that Donald Trump will tweak his reciprocal tariffs. In this, he is expected to exclude some sensitive industries from these reciprocal tariffs. The rebound also happened after sell-side analysts advised their advisors that the worst was now over for the equities market. This ... (full story)
