🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes!
Golden Finance reported that the strong September employment report in the United States suggests that the pace of interest rate cuts may slow down, but it is still positive for Bitcoin as investors show interest in higher-risk assets. Zach Pandl, Director of Research at Grayscale, said, 'While the economy is rising steadily, discussions about the Federal Reserve's interest rate cuts and debates about expanding the government deficit are ongoing. This should be a net positive for investors' risk appetite, but it may rekindle inflation risks in the medium term.'