Break the deadlock! Tonight is the most hopeful day in the cryptocurrency world.
Bitcoin has been stuck at 96,000 for a long time, just one step away. Tonight at 10 PM, the world will be watching the PCE inflation data, and the results may come as a surprise.
According to expert predictions, this PCE will drop sharply by 0.3%! Bringing it to the normal value of 2.2%, while the core PCE will also decrease significantly by 0.2%, providing the Federal Reserve with a reason to cut interest rates.
So as long as the data at 10 PM meets that expectation, I believe the cryptocurrency market will see a considerable rise, especially if Bitcoin breaks through 96,000, which could pull it up further.
The above is the predicted data, hoping everything goes smoothly, and Shu Qin will be the first to release the results and analysis at 10 PM to help everyone, so don’t forget to follow me~😊
Urgent update: The first quarter GDP data from the United States has come out, and it’s negative, a super bearish signal. Sigh, still waiting for the PCE data, and suddenly we got a GDP bearish result.