Bitcoin is showing renewed strength! Over the past few days, BTC has recovered sharply and is now trading in the $92,500–$95,000 range. Last week the price dipped above $80K, but strong bullish momentum has pushed it back up.
The main driver behind the rally is growing expectations that the Federal Reserve may cut interest rates, which typically boosts demand for risk assets like Bitcoin. As investor confidence rises, market activity and buying pressure are increasing again.
However, volatility remains. BTC recently dropped about 2%, reminding traders that the market is still highly sensitive to macroeconomic news. Even so, analysts believe that if this bullish momentum continues, Bitcoin could attempt another breakout toward higher resistance levels.#BTCVSGOLD #BTCVSGOLD #Bitcoin #CryptoMarket #BitcoinUpdate