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Bitcoin at Standstill Amid Fed Uncertainty and Retail Demand Stumble
But Whales Keep Accumulating
Wealthcamp
January 29, 2025 • Read Time: 8 minutes
Bitcoin's price is stuck in the mud, refusing to budge above the elusive $110,000 mark.
Why? Well, it's juggling between uncertainty over the Fed's impending interest rate decisions and a noticeable flimsiness in retail demand.
As traders wait, Bitcoin oscillates within a tight $5,800 range, hinting at underlying market indecision. Is it time for Bitcoin enthusiasts to hold their breath or take the plunge? Let's dive in!
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