In accordance with Cryptoticker, Bitcoin’s recent price action suggests a potential turning point amid shifting macroeconomic signals. After weeks of decline, BTC has started to rebound from recent lows, supported by a possible dovish shift in U.S. monetary policy. The price has pushed back toward the midline of the Bollinger Bands, around $94,000, with a decisive close above this level potentially confirming a short-term uptrend. The market is also speculating on a potential Fed leadership change, with former Trump advisor Kevin Hassett possibly replacing Jerome Powell, which could favor Bitcoin in a lower interest rate environment.
Bitcoin Price Shows Signs of Rebound Amid Macroeconomic Shifts
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