The post Bitcoin Wobbles – Experts Sound the Alarm appeared on BitcoinEthereumNews.com.

In recent months, Bitcoin has dominated the financial landscape, experiencing substantial price swings and market fluctuations. While many investors remain bullish, a growing number of experts have expressed skepticism, pointing to macroeconomic conditions, market sentiment, and technical indicators as cause for concern. These dissenting voices offer a more tempered perspective on Bitcoin’s future, urging caution amid the optimism. Market Dominance and Economic Headwinds Bitcoin’s market dominance has surged past 60%, even as altcoins struggle under selling pressure. According to Brave New Coin, Bitcoin declined by approximately 7.3% over the past week, yet it performed better than major alternative cryptocurrencies such as Ethereum, XRP, and Solana, which saw steeper losses. Analysts attribute this trend to investor flight from riskier assets following U.S. President Donald Trump’s recent tariffs on imports from Canada, Mexico, and China. Bitcoin has dropped under $100,000. Source: BNC Bitcoin Liquid Index Amid this backdrop, financial markets are navigating a climate of uncertainty. The imposition of tariffs has heightened inflationary fears and led investors to seek safer assets such as U.S. government securities. Crypto trader and analyst Ran Neuner has warned that U.S. futures market movements could trigger another decline in digital assets. Source: Ran Neuner Meanwhile, BitMEX co-founder Arthur Hayes has predicted a broader crypto sell-off, arguing that initial optimism surrounding Trump’s pro-crypto stance may dissipate as traders realize that legislative changes will take time. Bearish Signals and Market Volatility Bitcoin’s price trajectory remains volatile, with analysts split on its short-term direction. Ryan Lee, chief analyst at Bitget Research, has forecasted a potential price correction to $95,000. He points to macroeconomic factors—including labor statistics and Federal Reserve policy—as critical in shaping Bitcoin’s price movements in the coming weeks. Lee notes that the market is at a pivotal moment, with the $95,000 level acting as an essential support range.…

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Filed under: News - @ February 3, 2025 9:21 am