BTC traders wait for $50K bottom: Five things to know in Bitcoin this week

BTC traders wait for $50K bottom: Five things to know in Bitcoin this week

Bitcoin price forecasts retained odds of new macro lows next as risk asset traders remained nervous about US and Japan macroeconomic tailwinds.

Bitcoin (BTC) begins its second week of February, licking its wounds as traders remain bearish on BTC.

Market forecasts agree that Bitcoin price action has not yet put in a reliable long-term bottom.

CPI week comes as markets lose faith in Fed rate cuts in March.

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