#BitcoinPriceOutlook

Moreover, among investors, expectations for a soon-to-come reduction in the US Federal Reserve's interest rate have intensified. Stock exchanges and cryptocurrency platforms perceived the decline in Treasury bond yields as a sign of weakening positions of the US dollar. The dollar index (DXY) dropped, and part of the capital moved into digital assets, representatives of 10x Research explained.
In recent days, the influx of capital into spot Bitcoin ETFs has exceeded $600 million, contributing to the stabilization of Bitcoin prices after a period of heightened volatility. According to analysts, investors have once again begun to view Bitcoin as a diversification tool, especially in light of a limited volume of economic data due to the suspension of operations of certain U.S. government agencies.
The risks of recession in the US are decreasing, which may contribute to increased attention to risky assets, including cryptocurrencies. The decline in yields of traditional exchange instruments creates favorable conditions for the resumption of bullish momentum in the Bitcoin market, believe experts from 10x Research.
Earlier, experts from the CryptoQuant platform reported that the fate of the cryptocurrency market in the late stages of the bull trend will be determined by "bitcoin dolphins" — investors holding between 100 to 1000 BTC in their wallets.