Bitcoin Weekly Outlook: $75K in Sight?
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Bitcoin tries to recover from its trip below $112,000 as BTC price volatility keeps the market in a state of flux.
Bitcoin starts the first full week of August at a crossroads as market nerves combine with a BTC price bounce.
After bouncing from three-week lows, BTC price action is fielding mixed targets with bigger August volatility expected.
The market environment is now fundamentally different from Bitcoin’s old all-time highs from January, analysis says.
Macro conditions keep the focus on the Federal Reserve as September interest-rate cut bets return.
Bitcoin hodlers stage a mass sell-off at the start of the month, with even whales reducing exposure.
Demand for Bitcoin remains firmly in place, helping add context to short-term market nerves.
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