Bitcoin's Puzzle: Fed's Rate Cut & Dollar's Weakening
Update: 2025-12-12
Description
The Federal Reserves recent interest rate cut and Bitcoins stable price amidst a narrow trading range have left investors puzzled. Bitcoins price is stuck in a small upward trend within a larger downward trend, with a crucial decision point approaching. Signs of a potential positive outlook include a MACD histogram close to turning positive and a weaker dollar. However, Bitcoins uneven relationship with the Nasdaq and low inflows into investment funds cast doubt on a breakout to higher prices, potentially leading to a move towards eighty thousand dollars.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
