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Bitcoin’s Next Move: Crypto Markets Rally Behind Trump’s Trade Deal Noise
Bitcoin’s Next Move: Crypto Markets Rally Behind Trump’s Trade Deal Noise
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Trump’s latest trade deal chatter sends crypto traders into a frenzy—but will Bitcoin actually care? The market’s Pavlovian response to political headlines is getting old, yet here we are again.
Price pumps on speculation, dumps on reality. Wash, rinse, repeat. Meanwhile, Wall Street still can’t decide if Bitcoin’s a ’risk asset’ or inflation hedge—maybe it’s just tired of their indecision.
One thing’s certain: volatility’s back on the menu. Buckle up.
Bearish RSI divergence
While BTC set a new multi-week high during the Asian session, the 14-hour relative strength index, an indicator used to gauge momentum and overbought and oversold conditions, didn’t follow suit.
The resulting bearish divergence suggests the momentum may be weakening.
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