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News Junction > Blog > Cryptocurrency > Bitcoin (BTC) Indicators That Offer Light in a Gloomy Market
Bitcoin (BTC) Indicators That Offer Light in a Gloomy Market
Cryptocurrency

Bitcoin (BTC) Indicators That Offer Light in a Gloomy Market

Published August 6, 2024
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“The U.S. slowdown looks clearly underway, and the Fed, behind the curve, will need to cut more aggressively than previously expected. U.S. [Treasury] yields and the dollar are consequently repricing lower, which is hugely bullish for bitcoin. Further, with China ramping up stimulus and liquidity injections, combined with a weaker dollar, global liquidity conditions are set to accelerate,” the founders of newsletter service LondonCryptoClub said in Monday’s edition.

#Bitcoin #BTC #Indicators #Offer #Light #Gloomy #Market

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