Bitcoin rebounds from bearish US GDP data as dip buyers push BTC price back toward $95K
Bitcoin bulls return in force as traders shake off bearish US economic news and attempt to reclaim the $95,000 level.
Key takeaways:
Bitcoin bulls are attacking the $95,000 level again after today’s brief US GDP-induced sell-off.
Traders are semi-agnostic to negative US economic data as they expect the Federal Reserve to resume easing and rate cuts at some point in the future.