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Analysis: If a higher level of inflation occurs, Bitcoin may fall to $81,000.
According to ChainCatcher news, as reported by Cryptonomist, with inflation concerns escalating, the Fed is caught in a dilemma between maintaining low interest rates and keeping price stickiness, indicating that the macroeconomic conditions suggest Bitcoin is not the best crypto asset at the moment. The report states that Bitcoin's next Fibonacci retracement levels are at $104,000 and $100,000, and if it falls below this range, it could push the BTC price down to the range of $80,000 to $84,000; the next reasonable stop loss point is $96,000, and dropping to $81,000 would require higher inflation levels, which could occur if the Fed delays easing policies or if the stock market experiences a liquidity shock.