$BTC Is #BTC still in a Bull Market? Or is $BTC in a new Bea | Bahadur58 on Binance Square

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$BTC Is #BTC still in a Bull Market?Or is $BTC in a new Bear Market?
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$BNB Recent analyses indicate that BNB's price has experienced a decline over the past week, aligning with broader market trends. The cryptocurrency market has faced downward pressure, with major assets like Bitcoin also experiencing declines. $BNB

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$BTC Is #BTC still in a Bull Market? Or is $BTC in a new Bear Market? #Crypto #Bitcoin

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#TradingAnalysis101 Market Overview The US Dollar is experiencing sustained weakness due to Trump's tariffs uncertainty and US recession fears. This has led to the GBP/USD extending its gains above 1.2900 ¹. Meanwhile, gold prices remain depressed below $2,900, but the downside potential seems limited amid trade war fears and the risk-off environment ². Key Market Movements - *GBP/USD*: Extends gains above 1.2900 amid sustained US Dollar weakness ¹ - *Gold*: Remains depressed below $2,900, but downside potential seems limited ² - *US Markets*: Break below critical technical levels as recession fears, trade policy concerns, and inflation worries fuel investor anxiety ³ Economic Data and Events - *US February CPI*: Data release scheduled for Wednesday ¹ - *US-Ukraine Summit*: Scheduled for today, may impact market movements ¹ - *Bank of England Quarterly Bulletin*: Release scheduled for today ¹

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