Weakness Persists as Bitcoin Struggles Amid Regulatory Uncertainty

Bitcoin's price has been under pressure in recent sessions, declining by approximately -2.5% over the last two trading days.

This weakness is attributed to a selling bias and reduced ability to recover ground, indicating that market attention remains focused on upcoming events such as the Federal Reserve decision in the United States.

The broader outlook for Bitcoin remains marked by indecision, with concerns surrounding higher interest rates and regulatory uncertainty limiting its appeal.

A more restrictive Federal Reserve could lead to increased interest rates, affecting appetite for risk assets like BTC. Additionally, a stronger U.S. dollar can limit demand for cryptocurrencies as USD-denominated investments gain relative appeal.