BAT Is Set to the Upside
Basic Attention Token (BAT) gained 1.3% to $0.1420 this week, in line with the broader crypto market where Bitcoin (BTC) edged up by 1.1% to $108,420. BAT has formed an inverted head-and-shoulders pattern, suggesting a potential breakout above the resistance at $0.2000. The recent decision by the U.S. Court of International Trade to block Donald Trump’s proposed tariffs triggered a sharp rally in risky assets, which cryptocurrencies may soon follow. However, caution remains as the Federal Reserve’s hawkish tone, reflected in the latest FOMC Minutes, emphasized inflation risks. Dovish U.S. monetary policy has historically supported crypto rallies, and the current uncertainty is keeping BTC within the $108,000–110,000 range. BAT, like the broader market, is awaiting greater clarity before making a decisive move.
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