3 Reasons Why Bitcoin Bulls Should be Careful Next Week

A 4-day Bitcoin price rally has sparked a renewed recovery sentiment in the cryptocurrency market. The recent BTC jump from $57630 to $64000— an 11.3% increase— is largely driven by speculation around the Fed rate cut, now reduced to 475-500 basis points (BPS). While the positive sentiment promotes a prolonged bull run, the on-chain and derivatives market data suggest a cautious outlook for the coming week.

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