Bitcoin's next big move hinges on oil, and right now it's a total coin flip
By Omkar Godbole
Analysts state that Bitcoin's next major price movement hinges on crude oil prices. A sustained 15%-16% decline in oil could revive expectations for Federal Reserve rate cuts, potentially sending BTC higher. Currently, the outlook remains a total coin flip with high uncertainty.
Not financial advice. Do your own research before making investment decisions.