Bitcoin can bounce higher — but the market still lacks fuel for a real run

Recent trading shows bitcoin staging short-lived rallies that quickly fade amid a stronger dollar, hawkish Fed signals and persistent selling pressure. What to know : Bitcoin is benefiting from slightly improved macro conditions and expectations for Federal Reserve rate cuts, but analysts say any easing is likely to be gradual rather than aggressive. Recent trading shows bitcoin staging short-lived rallies that quickly fade amid a stronger dollar, hawkish Fed signals and persistent selling pressure, underscoring fragile sentiment and tight liquidity. A sustained advance in bitcoin will likely require clearer evidence of disinflation, a weaker dollar and consistent spot demand, as well as relief from stablecoin outflows and stress among long-term holders.