Bitcoin has started to recover, with analysts predicting further gains. Tech stocks and crypto markets dipped due to rate cut uncertainty. Swissblock analysts believe Bitcoin is forming a bottom, with selling pressure easing. A potential second wave of selling could signal a shift in control back to the bulls. Bitcoin hit a low of $80,600 on Friday, down 36% from its October high. The odds of a Fed rate cut in December have increased to 70%. Market analysts predict liquidity injection to support high-risk assets like cryptocurrencies.

Read more at Cointelegraph: Bitcoin Recovery Continues With Selling Pressure Easing