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Is Bitcoin Carving Out A Bottom Here?
Bitcoin prices action continues to be very interesting here with the market seeing a strong rally yesterday. BTC futures spiked around 3% higher yesterday amidst an uptick in risk appetite as chatter of diluted tariff actions did the rounds. The market is bracing for Trump’s tariff announcement today which looks likely to be a make-or-break catalyst for Bitcoin near-term. If risk appetite collapses in response to aggressive action, BTC looks poised to drop near-term. However, if Trump is seen taking a more dilute approach today, this could ushed in a fresh rally in BTC amidst a broader recovery in risk appetite. ... (full story)
