Bitcoin (BTC) is nearing 88,000 USD as macroeconomic issues lead to instability in US markets. Traders are cautious, noting price fluctuations during low-volume trading times. Additionally, concerns arise as the Federal Reserve navigates economic policies amidst pressure from President Trump.
Amidst a declining US dollar index, traders predict a bullish trend for Bitcoin. Bitcoin has responded positively to gold’s market movements, signaling growing confidence among newer investors, although significant resistance remains at the 91,000 USD level for short-term holders.
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