1. Bitcoin’s weekend pump raises eyebrows
Bitcoin kicked off the week with a 3% jump, hitting $87,705—its highest level in almost three weeks. Despite the move, traders aren’t fully convinced. The price spiked over the weekend when traditional markets were closed, leading many to call it a low-volume breakout. Some say a real bullish signal would be if Bitcoin holds strong when equities reopen red. Others point out BTC needs to break above $88,804 to confirm a trend reversal.
2. Fed in focus with officials speaking out
All eyes are on the Federal Reserve this week as eight Fed officials are scheduled to speak. Markets are waiting for any policy shifts, especially amid tension with Trump, who recently suggested firing Fed Chair Jerome Powell. Powell has stayed hawkish, holding off on rate cuts. With limited new economic data expected, the spotlight stays on the trade war and its effects on assets—so far, gold and Bitcoin are gaining while stocks struggle.
3. Gold nears $3,400 amid uncertainty
Gold is up nearly 30% this year, nearing $3,400/oz, thanks to fears around inflation and global instability from the US-China trade war. Trump’s recent social media post about “non-tariff cheating” gave gold another push. Interestingly, Bitcoin is finally starting to mirror gold’s safe-haven role. Historically, BTC lags behind gold breakouts, which could hint at more upside ahead.
4. US dollar weakens sharply
The US dollar is hitting lows not seen since early 2022. The Dollar Index (DXY) has dropped nearly 10% this year. Analysts say if the slide continues—and especially if Powell is replaced—it could fuel a major Bitcoin rally. Some are even talking about a return to a 2000s-style commodity supercycle. BTC tends to rally when the dollar weakens, and this could be the setup it’s been waiting for.
5. New Bitcoin buyers in profit
Recent BTC gains have pushed many new investors into the green. Data from CryptoQuant shows that short-term buyers are now up around 3.7%. While longer-term holders (up to 6 months) are still underwater with a cost basis of $91K, this shift shows renewed confidence. Breaking above that $91K level would help reduce sell pressure from this group and potentially clear the way for further upside.
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