Opinion: If the Federal Reserve's FOMC decision leans dovish, it may trigger a rebound and recovery of Bitcoin
Odaily Planet Daily reports that Bitget Research's chief analyst, Ryan Lee, stated that although Bitcoin has a historical correlation with gold as a macro hedge tool, the current trend of Bitcoin (gold rising and Bitcoin falling) indicates that it is more like a risk asset. It is affected by uncertainties in Federal Reserve policy, profit-taking and turning to traditional safe-haven assets. If the FOMC decision leans dovish, it may trigger a rebound recovery; if hawkish, it could deepen adjustments. The short-term trend of Bitcoin is closely related to broader economic signals rather than just reinforcing its role as digital gold.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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