๐จWill Bitcoin Go Up or Down? Here's What the Market Is Saying Today๐๐
As of May 29, 2025, Bitcoin (BTC) is holding near $107,876, showing a slight dip of 0.88% after last weekโs high of $112,509.๎ The market is at a crossroads โ and all eyes are on the next move.๎
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๐ Market Snapshot:
Consolidation Mode: After a big rally, BTC is cooling off โ but not crashing.
RSI at 62: Still room to run before hitting overbought territory.
BlackRock Buys More BTC: $481M added โ a strong bullish signal from institutions.
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๐ฐ Key Headlines Moving the Market:
Bitcoin 2025 Conference: Eric Trump claims BTC could top $170K by 2026.
Pakistanโs National BTC Reserve: A historic move toward Bitcoin adoption.
Fed Signals Uncertainty: No rate cuts yet โ tightening liquidity could dampen short-term action.
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๐ The Big Question: Up or Down?
Analysts are split. Some expect BTC to surge toward $220Kโ$330K by year-end. Others say macro pressures could cause a short-term pullback. $BTC
