Given the current macroeconomic and geopolitical landscape, there is a growing risk of a renewed downward move in the market. Should we not see a rate cut materialize as early as June, Bitcoin could begin a gradual decline, potentially retracing toward the $50,000-$40,000 range.
This slow grind lower may persist unless there is a sharp and meaningful shift in the key macro or geopolitical variables. While a reversal of this trend remains possible under improved conditions, current indicators suggest a steady move toward lower levels in the absence of a clear catalyst.
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