🌀Bitcoin has rebounded to $95,200 after testing key support at $92,500. However, macroeconomic pressures persist: the U.S. Federal Reserve signals a slowdown in rate reductions due to inflationary risks, and labor market data remains mixed.
🌀Analysts at QCP Capital note that traders’ expectations for Bitcoin’s volatility have intensified. The difference in options pricing for March and December has widened, indicating potential long-term fluctuations.
🌀The market anticipates BTC consolidating within the $92,000–$95,000 range, with a possible decline to $90,000 if support is breached.