As the crypto market turned cautious. After a short recovery, $BTC BTC slipped back into a lower trading range as investors reacted to weakness in global tech stocks and mixed economic signals. Many traders moved into “risk-off” mode, which usually hits crypto first because of high volatility.
Despite the short-term dip, big players are still confident about Bitcoin’s long-term future. The CEO of Coinbase said he remains strongly bullish, pointing to growing institutional interest and improving infrastructure around crypto trading and custody. Large financial firms are also keeping an eye on $BTC Bitcoin as a long-term asset. Analysts at JPMorgan have repeated that Bitcoin still has major upside potential over the long run, even though price swings are expected in the short term.
Overall market sentiment is mixed: short-term traders are cautious because of macroeconomic uncertainty, while long-term investors see current prices as part of a healthy correction. If global markets stabilize and liquidity improves, $BTC Bitcoin could regain momentum. For now, traders are watching key support and resistance levels closely before making big moves.
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