Bitcoin's Sideways Trade: Market Reset or Range-Bound?
Update: 2025-11-28
Description
Bitcoins recent price surge above ninety thousand dollars, driven by short covering and market stabilization, may not last due to inflation concerns, weakening job data, and credit risk in AI-linked companies. Prediction markets suggest a range-bound period, with Bitcoin likely to stay capped near ninety-two thousand dollars. The cryptocurrency is behaving more like a traditional macro asset, influenced by the broader markets risk appetite and the upcoming Federal Open Market Committee meeting.
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