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Why isn’t Bitcoin’s price moving?

  • The price of Bitcoin remains stagnant amidst mixed market factors.
  • Bullish factors include the Federal Reserve's steady interest rates and positive sentiment from companies like MicroStrategy.
  • Bearish factors include concerns about rising stagflation risks, trade tensions, and declining GDP growth expectations.
  • Bitcoin is currently trapped in an ascending triangle pattern, reflecting indecision in the market and the potential for a significant move in either direction.

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