Bitcoin’s recent rebound may be losing steam and it could struggle to move upwards without a clear new catalyst to excite investors.
Bitcoin is showing signs of strength as the U.S. dollar continues to decline, with financial experts predicting a bullish Q2 for market.
According to Markus Thielen, head of research at 10x Research, a lower-than-anticipated inflation rate could trigger a Bitcoin rally.
Bitcoin December performance has been a disappointment for traders and enthusiasts hoping for the anticipated “Santa Claus rally.”
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