Analysis: The weakening of the US dollar and the repricing of interest rate expectations may be favorable for gold and Bitcoin
BIT released a market analysis stating that, from a technical perspective, gold may be in a bottoming phase. The report also pointed out that its views differ from the current market consensus: although the bond market is still factoring in expectations of two rate hikes by the Federal Reserve this year, it judges that there may not be any rate hikes this year.
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