Bitcoin Market Faces Divergent Opinions Amid Economic Uncertainty

According to Odaily, Adam, a macro researcher at Greeks.live, shared insights in a Chinese community briefing highlighting differing opinions on the Bitcoin market direction. Some traders anticipate a potential decline in Bitcoin prices without apparent reasons and are holding bearish options from late July, awaiting opportunities. Conversely, others believe the market is resilient, maintaining stability despite numerous negative news, and are focusing on the weekly consecutive doji patterns and the impact of U.S. President Donald Trump's policies. The demand for Bitcoin interest has become a central topic, with discussions on strategies such as spot-futures arbitrage and hedging through delivery contracts to achieve an annualized return of 7.1%. However, these strategies are debated due to risks of missing out and capital allocation concerns.