Bitcoin's Weekend Wobble: A Brief High, Then Back to the Grind Bitcoin briefly reached an eleven-day high, hitting $86,000, seemingly buoyed by President Trump's tariff adjustments. However, this weekend surge is being met with cautious skepticism. Low trading volume and the market's well-known weekend volatility add to the uncertainty. Traders are reminding us that a prolonged bull run still faces hurdles like a stubborn downtrend, needing a solid retest. So, while Bitcoin danced briefly, the overall outlook remains a bit murky.
Monday, April 14, 2025
Bitcoin Dances Around $86,000, but Caution's the Name of the Game
Bitcoin's Weekend Wobble: A Brief High, Then Back to the Grind Bitcoin briefly reached an eleven-day high, hitting $86,000, seemingly buoyed by President Trump's tariff adjustments. However, this weekend surge is being met with cautious skepticism. Low trading volume and the market's well-known weekend volatility add to the uncertainty. Traders are reminding us that a prolonged bull run still faces hurdles like a stubborn downtrend, needing a solid retest. So, while Bitcoin danced briefly, the overall outlook remains a bit murky.
Subscribe to:
Post Comments (Atom)
-
Bitdeer Mines Its Own Path (and Bitcoin) Bitcoin miner Bitdeer is changing course, prioritizing its own Bitcoin mining operations ...
-
Crypto Firms Branch Out to Wall Street Cryptocurrency companies are increasingly venturing into traditional financial offerings, s...
-
Bitcoin's Price Prediction: A $138,000 Potential, But Caveats Abound Bitcoin's price is seeing a surprising correlation wi...
No comments:
Post a Comment