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Bears Dominate Bitcoin Despite Fed Rate Optimism

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Two investors are playing poker in a very tense atmosphere, typical of a psychological duel. A stack of chips sits in the middle of the table with a giant orange Bitcoin chip on top, glowing like a trophy.

On August 30, bitcoin fell below 110,000 dollars, confirming persistent selling pressure. Technical indicators highlight a marked bearish trend, while the market hesitates to find a balance point. Between a critical support at 107,000 dollars and a solid resistance at 114,000 dollars, the next break could guide the trajectory for the coming weeks. In an uncertain economic context, tension rises among investors, divided between the fear of a new drop and the expectation of a reversal.

L’article Bears Dominate Bitcoin Despite Fed Rate Optimism est apparu en premier sur Cointribune.

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