Analysis: If a higher level of inflation occurs, Bitcoin may fall to $81,000.

robot
Abstract generation in progress

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.

BTC2.14%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • 1
  • Share
Related Topics
#
BTC走势分析
Comment
0/400
Catch88vip
· 5h ago
1000x Vibes 🤑
Reply0
Catch88vip
· 5h ago
HODL Tight 💪
Reply0
Dead75vip
· 10h ago
kajdhkdkdbxhz hdhdjxbbxx hdhdjdjjxx hsjjdd nhshzbsbxbx jsjz
Reply0
GateUser-26b98122vip
· 12h ago
g
Reply0
GateUser-26b98122vip
· 12h ago
Ape In 🚀
Reply0
GateUser-9c7fb01bvip
· 20h ago
thanks
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)