Bitcoin has recently experienced a significant rally, fueled by the Federal Reserve's decision to cut rates as part of its normalization efforts. However, several key indicators are raising alarms, suggesting that this bullish sentiment may be premature.
Following the Fed's announcement, many investors flocked to risk-on assets, including Bitcoin. This rally supports the idea of normalization, yet some data points indicate that not all is well in the markets.
While the bullish trend in Bitcoin shows promise, these conflicting indicators suggest that bulls should exercise caution. It's essential to stay informed and consider the broader market context before making significant investment decisions.
