Hey crypto enthusiasts! 🌟
🔹 Bitcoin (BTC) has failed to hold above $66,000 since July 31, despite a 5.2% surge between October 3 and 7.
🔹 Factors such as the growth of the US federal debt and global socio-political events are affecting its price.
🔹 Recent macroeconomic data and corporate earnings expectations also play a crucial role.
🔹 The BTC futures market shows an 8% annualized premium, indicating a balance between bulls and bears.
What do you think? Leave us your comments! 🚀