🚨BITCOIN BULLS HAVE A CHANCE… BUT THERE’S A CATCH! 🐂📉
Bitcoin’s recovery hopes are alive, but CoinShares highlights major macro risks that could stand in the way.
📈 What’s fueling the bullish case? • Improving spot buying • Potential short squeezes • Hopes for a market recovery
⚠️ What could ruin the rally? • Higher-than-expected US inflation • Rising fears of a December Fed rate hike
🔥The real battle: Can buying pressure overcome macroeconomic uncertainty?
If BTC breaks key resistance with strong spot demand, we could see a stronger recovery. But if macro fears intensify, another sell-off isn’t off the table.