Bitcoin is just one step away from exiting the bear market: Bitfinex Alpha
- Bitcoin has traded in the $62,000–$65,000 range for more than two months, but experts believe macroeconomic conditions are becoming favorable for a potential rally.
- The Bitfinex Alpha report says two of the three conditions necessary for a BTC bull run—lower expected interest rates and looser financial conditions—have already been met.
- Bitcoin could surge if capital flows from the stock and technology sectors pour into the crypto market, while continued negative inflows could push Bitcoin down to around $57,000.
Source: CryptoPotato
🌍 Updated by GemCrypto
$BTC
#Bitcoin #Crypto
- Bitcoin has traded in the $62,000–$65,000 range for more than two months, but experts believe macroeconomic conditions are becoming favorable for a potential rally.
- The Bitfinex Alpha report says two of the three conditions necessary for a BTC bull run—lower expected interest rates and looser financial conditions—have already been met.
- Bitcoin could surge if capital flows from the stock and technology sectors pour into the crypto market, while continued negative inflows could push Bitcoin down to around $57,000.
Source: CryptoPotato
🌍 Updated by GemCrypto
$BTC
#Bitcoin #Crypto