Bitcoin ‘ping-pong’ price action will stick until Fed FOMC and US-China deal wrap up

Strong Bearish -80.0
Bitcoin hits resistance at $116,000, and bulls might not clear the barrier until Wednesday’s Federal Reserve announcement on interest rates and this week’s resolution of the US-China trade war.
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.