Bitcoin Lags as Traditional Markets Soar đ
While stocks, bonds, and gold are enjoying a boost from global monetary easing, Bitcoin is sitting this one out. Traditional assets are hitting new highs thanks to rate cuts by Western central banks, but BTC remains under pressure, hovering below $60K and down 20% from its peak.
Analysts are optimistic about Bitcoin's potential for growth, citing strong technical indicators. However, liquidation pressures and weak buyer demand are keeping BTC from breaking key resistance levels. For now, Bitcoin's path to $70K seems challenging, but the market remains hopeful for a turnaround.
