Reported 1 day ago
Bitcoin's recent rally is marked by positive momentum indicators, but analysts caution about three potential pitfalls: nearing a bull fatigue zone around $115K, uncertainty regarding whether the dollar index has already priced in Fed rate cuts, and expectations of a bullish shift in the 10-year Treasury yield which could limit investor appetite for riskier assets. These factors may influence Bitcoin's ability to sustain its upward trajectory toward the $120,000 mark.
Source: YAHOO