Bitcoin Dey Bounce Back as Ceasefire Happen, Fed Dey Reduce Odds; QE Dey Fuel Di Next Rally

Last week, di U.S. dem do air strike for Iranian nuclear sites cause market sell-off wey push Bitcoin under $99,000—di first time wey e drop below six-figure since May. Arthur Hayes wey be BitMEX co-founder talk say dis kain weakness na temporary only, e yan say as global central banks still dey do quantitative easing (QE), especially if Bank of Japan do fresh QE, e go help drive Bitcoin next rally. For middle week, news say Israel and Iran don agree ceasefire change di trend and bring BTC back pass $106,000. Traders dey bet say U.S. Federal Reserve go cut rates as geopolitical tension dey fall and oil prices dey decline. Even though network hash rate drop by 8%, likely because mining wey dey Middle East get wahala, institutional demand strong and only $193 million long BTC positions wey dem liquefy. CME FedWatch show say chance don increase to 53% say Fed go cut rate by 25 basis points to 3.75% before November from 38% wey e be last week. Analysts dey watch $110,000 resistance level but dem still warn say mixed signals from altcoins mean say people suppose position carefully.