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List of Flash News about economic data impact

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2025-05-30
09:35
Bitcoin Short-Term Consolidation Signals Potential Multi-Year Bull Market: Key Insights for Crypto Traders

According to André Dragosch, PhD (@Andre_Dragosch), Bitcoin’s recent short-term consolidation aligns with broader market trends, but current bearish economic data and an asymmetrical risk-reward profile suggest it is unlikely that BTC has reached its cycle top. Citing ongoing macroeconomic weakness, Dragosch emphasizes a favorable outlook for a new multiyear bull market rather than a reversal, urging traders not to be swayed by fear, uncertainty, and doubt (FUD). This perspective highlights the importance of monitoring economic indicators and risk-reward ratios for those trading Bitcoin and related cryptocurrencies (Source: Twitter/@Andre_Dragosch, 2025-05-30).

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