Positive sentiment is falling fast in the crypto market. Bitcoin (BTC) is still below $100,000, and some are beginning to wonder if the top has already been reached. However, macro indicators suggest that this is not the case. Fade Bitcoin at your peril.
A slow roll-over from here?
A narrative is doing the rounds on social media that Bitcoin reached its peak when it hit over $109,000 in January last year. Since then, the incoming Trump administration has caused a ‘sell the news’ event, and it’s a slow roll-over from here on in.
The seventh cavalry, in the form of quantitative easing, still hasn’t arrived, and many are beginning to think that the Federal Reserve is trapped and will not be able to turn the money spigots on due to the fear of inflation breaking out again.
Many must also be thinking that with all the Bitcoin buying going on among the U.S. Spot Bitcoin ETFs, and Michael Saylor’s rebranded Strategy (formerly MicroStrategy), why is the price not rising?
We współpracy z: https://cryptodaily.co.uk/2025/02/this-bitcoin-btc-bull-cycle-is-not-over
