%20(2)-638539623919770196.png "Bitcoin Weekly Forecast: Has BTC found a local price bottom?")
Summary
- US spot Bitcoin ETFs experienced slight outflows this week
- Lower US inflation data initially boosted prices, but gains were undone after the Fed’s hawkish interest-rate projections
- Technical indicators suggest a further 5% correction before the uptrend can continue
- Bitcoin price faces uncertainty due to potential liquidations on Defi platforms