Bitcoin Get Kaso With Wahala Because Of Fed Kontrol, Soft-soft Mind, And Risky Things Even With ETF Money Enter
Price of Bitcoin still dey shaky as plenty things dey affect am, even with the recent go up wey e do and plenty money wey enter spot Bitcoin ETFs. Analysts say three main wahala dey: market feeling dey weak, with signs like UMich consumer sentiment index and AAII investor surveys showing say people dey fear more; Federal Reserve for US policy still no clear, especially about interest rate cuts wey dem expect for 2025—if dem no do am, e fit reduce money for market and make people no wan take risk, wey go push Bitcoin price down; and sudden events like cyberattacks, big disasters, or wahala between countries wey fit cause plenty selling for high-risk things like Bitcoin (BTC). Although positive ETF inflows show say big oga dem still dey interested, technical support levels for $92,500 and $89,000 dem dey watch am well well, with $90,000 as important level for people mind. If these support levels break, e fit get more technical problem and people fit lose hope. Market dey confused now, with Bitcoin dey around $94,000 and traders dey look out for market news, Fed decisions, and sudden wahala wey fit quick change market feeling.
Neutral
Wetin go happen to Bitcoin remain for 'no-sure' because of yeye yeye signals wey dey waka come. Plenty money wey dey enter ETF and big big companies wey show interest dey support say e fit get long-term gain, but small small wahala still dey for short-term. People no too get mind again, we no sure if Federal Reserve go cut interest rate, and yeye global palava fit cause kasala, especially if the main support level gba. Even though these things fit cause go-up-go-down kpor kpor and spoil the technical side, the strong demand for ETF dey give am small leg to stand on, so the market dey remain for 'middle ground' until we see clear clear money matter or big big economic news. Traders must be careful and look out for both technical and big picture risks, because anywhere fit happen depending on the data and events wey go come out.