UPSIDE POTENTIAL FOR BITCOIN AS MARKET CALMSđ„
$BTC BTC could climb after bottoming just above $82K last Friday, pointing to potential renewed market strength.
Key developments that could trigger a near-term bounce include:
âą Selling pressure is fading: Swissblock notes the âRisk-Off Signalâ dropping sharply, signaling the worst of capitulation may be over. A potential second, weaker wave could mark seller exhaustion and a shift toward bulls.
âą Fed rate cut odds surge: December cut probability jumped back to ~70%, fueling optimism for liquidity support.
âą Liquidity injection possible: Analysts highlight that Fed action could expand reserves, historically bullish for crypto.
With selling pressure easing and policy tailwinds building, Bitcoinâs climb may continue, signaling a potential recovery.