The Bitcoin market in the past two weeks has been whipsawing back and forth. Based on last night's U.S. retail data and the previous CPI, combined with the dot plot, it seems that the Federal Reserve will cut interest rates at least 1 to 2 times in the second half of the year. Therefore, Bitcoin will definitely break through 112000 and set a new historical high. So there's no need to panic with spot, just hold on tight.
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.
The Bitcoin market in the past two weeks has been whipsawing back and forth. Based on last night's U.S. retail data and the previous CPI, combined with the dot plot, it seems that the Federal Reserve will cut interest rates at least 1 to 2 times in the second half of the year. Therefore, Bitcoin will definitely break through 112000 and set a new historical high. So there's no need to panic with spot, just hold on tight.