Bitcoin Dey Face Economic Pressure As US Trust Dey Drop Because Of Inflation
Bitcoin value don pass $84,000 as economic no dey clear because of how US trade policy dey and the way dem fit stop tariff. But, recent economic things wey dem dey use measure market, like how US Consumer Confidence Index fall yakata to 50.8 and how inflation expect to rise reach 6.7%, dey show say economy go tough. Investors don dey run from where safe normally like US bonds and dollar, and this one don change how things dey go for market. The way Producer Price Index dey drop every month dey show say consumer and inflation no dey follow each other. Because of this, investors no wan risk money anyhow, and this one dey make crypto market dey fold body. Bitcoin need to stay above $80.5K to avoid falling. Traders need to manage their position well and put risk management first.
Neutral
Di news dey show betta and bad signs for Bitcoin. Di first jump wey pass $84,000 na sign say market dey go up, e show say e dey strong even with all di wahala for economy. But, as people no dey trust market again and price of things dey go up, e dey show say market fit fall, and e no good for market wey dey go up. Di neutral view dey come from dis two signs wey dey fight each other, and BTC need to stay strong for some levels so market no go fall. From wetin happen before, wahala for economy fit make crypto market settle down as traders no wan take risk. So, market go dey stable if investors fit understand dis mixed signals.