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Bitcoin News: BTC Holds $82K Post-Trump Event—These 2 Macro Factors Could Shift Prices
A recent analysis suggests that the price of Bitcoin (BTC) is unlikely to fall below a certain level. According to this assessment, failure to breach this particular level could see the asset remaining within the $82K and $91K range.
This prediction comes in light of the post-Trump event market volatility. It is essential to take note that any forecast or recommendation is subjective and may not reflect the actual performance of the digital currency.
The article also touches on a statement made by BitMex CEO Arthur Hayes, who believes that Bitcoin could respond positively to a Fed rate cut. As mentioned in our previous news brief, Hayes suspects that the asset may have set a bottom at $77k.
While this information is provided for informational purposes only and should not be seen as investment advice, readers are encouraged to conduct their own research and consult financial advisors before making any investment decisions.
The data used in this article solely serves to provide context and does not contain any offer or recommendation to buy or sell futures contracts, securities, options, CFDs, other derivatives or cryptocurrencies.
Source: https://www.crypto-news-flash.com/bitcoin-news-btc-holds-82k-post-trump-event-these-2-macro-factors-could-shift-prices/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-news-btc-holds-82k-post-trump-event-these-2-macro-factors-could-shift-prices
