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@ tzongocu
2025-05-12 21:01:10
📰 News Alert...
🔖 Title: Bitcoin Faces Resistance as Stock Markets Rally Post US-China Trade Deal
🗓️ Published: 2025-05-12T15:11:32-04:00
📄 Summary: Bitcoin's price has encountered selling pressure near $105,819, highlighting the ongoing presence of bearish sentiments at elevated levels. Meanwhile, the S&P 500 Index and the US Dollar Index have surged following a new trade agreement between the US and China, prompting a reevaluation of asset performance. Notably, long-term investors, such as Michael Saylor's Strategy, continue to accumulate Bitcoin, emphasizing confidence in future growth despite current volatility. Price predictions suggest that while Bitcoin faces immediate resistance, altcoins are showing resilience and potential for upside movement.
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https://cointelegraph.com/news/price-predictions-5-12-spx-dxy-btc-eth-xrp-bnb-sol-doge-ada-sui?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
🗞️ Source: Cointelegraph by Rakesh Upadhyay
💓 #CryptoMarket #Bitcoin #InvestmentTrends