The likelihood of a U.S. Recession has decreased significantly to 26% due to improving market sentiment and increased crypto trading volume. Historical trends indicate that changes in recession odds often correspond with fluctuations in Bitcoin prices.
Bitcoin’s price has shown resilience, rebounding to 105,106 USD, up from 100,550 USD. If the bullish trend continues, Bitcoin could reach significant resistance levels at 108,000 USD and 110,000 USD, though risks of a bearish pullback remain.
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