A (Short-Term) Constructive Turn in Bitcoin?

👇1-12) Trump has continued to scale back his tariff threats, with each retreat reinforcing the perception that China’s assertive response caught him off guard.

He’s lending credibility to critics who argue that the trade standoff may be more theatrical than strategic.

👇2-12) Despite the political noise, consumer confidence remains subdued, and recession risks persist—especially if inflation resurges and credit spreads widen.

This suggests the market could be entering a prolonged corrective phase, during which the Federal Reserve will likely stay on hold.

👇3-12) However, stronger-than-expected retail spending data—reflecting pre-tariff announcement behavior—due next week could temporarily boost sentiment.

Meanwhile, Bitcoin’s technical outlook has improved, with several indicators turning more constructive.

👇4-12) Full report: https://update.10xresearch.com/p/a-short-term-constructive-turn-in-bitcoin

Want to see how we are trading this market?

Follow us!

Subscribe to our premium analysis and alerts at the link below:

https://10xresearch.com
---