#BitcoinBounceBack

Bitcoin and cryptocurrencies show signs of recovery before the release of the US inflation report, which affects expectations for interest rate hikes or cuts from the Fed, directly reflecting on the performance of high-risk assets such as cryptocurrencies. A decrease in inflation could weaken momentum in the cryptocurrency market, as investors might expect the Fed to lower interest rates later, temporarily reducing demand for high-risk assets. On the other hand, a rise in inflation could ignite investors' appetite for hedging and push them towards Bitcoin $BTC as an alternative asset against the erosion of purchasing power.

Comparison between the price movement of Ethereum in the 2016-2017 cycle and the 2024-2025 cycle, where the similarity indicates that the price moves within a sideways range followed by a circular bottom, which is a technical pattern that hints at a strong upcoming rise as seen previously, suggesting that the current period may be a smart entry opportunity before a new wave of increases $BTC