๐จ Bitcoin Faces Major Downside Risk! ๐จ
Bitcoin could slide toward $58,000 as restrictive U.S. Federal Reserve policies and global trade tensions put pressure on the crypto market ๐. Analysts warn that tighter liquidity and slower rate cuts may increase downside risks for BTC and other risk assets.
๐ Key Factors:
โข ๐ Restrictive Fed Policy โ Reduced liquidity is dampening speculative inflows into crypto.
โข ๐ Global Trade Tensions โ Geopolitical uncertainty is pushing risk assets lower, including Bitcoin.
โข ๐ Risk-Off Sentiment โ Investors are moving to safe havens like gold and bonds, causing crypto volatility.
๐ Short-Term Outlook: BTC is trading around ~$90Kโ$93K. Breaching key support levels could trigger deeper corrections if macro risks persist.
Stay alert โ macro trends are dominating crypto markets right now.
