Last night, Powell stated: The Federal Reserve still expects two rate cuts in 2025, but based on current data, the chances of a rate cut in May are slim.

Unless there is a significant crash in the US stock market, a rate cut is only likely to be seen in the second half of the year. This means that in the next month or two, the price of Bitcoin is expected to fluctuate between $81,000 and $90,000, squeezing out all the investors who can't hold on.