Macroeconomic Headwinds Keep Bitcoin Traders Cautious
Bitcoin ETF outflows are low, but US macroeconomic conditions and high oil prices are causing BTC traders to adopt a cautious, hedged market stance.
Bitcoin ETF outflows are low, but US macroeconomic conditions and high oil prices are causing BTC traders to adopt a cautious, hedged market stance.
Bitcoin’s daily price is no longer solely dictated by whales. ETF flows, exchange liquidity, and global macro shifts now hold more sway in determining market direction.
Bitcoin price retraces after hitting $112,000 ATH. Analysts watch key support levels as macroeconomic uncertainty impacts BTC. Bulls or bears in control?