Bitfinex Alpha | Bullish Momentum Starting To Form
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Bitcoin continues to showcase impressive resilience, climbing over 10 percent in the past week and outperforming traditional risk assets like the S&P 500. After enduring several weeks of choppy price action and low liquidity, Bitcoin has reclaimed the $94,000 range lows – a pivotal marker as this was the level that underpinned the rally that sent BTC to its all-time high in January. The recovery has been supported by a shift in macro sentiment, with renewed optimism around potential tariff relief from the US administration sparking a broader risk-on move across global markets.