Can Bitcoin break 100,000 in May? The upcoming interest rate cut data is extremely important!
If interest rates are cut, it's very likely that it will return to above 100,000, or even higher. Last year's three interest rate cuts took Bitcoin from 60,000 to 109,000. According to Goldman Sachs, there are expected to be three more interest rate cuts this year, and if they all happen, a 200,000 Bitcoin is no longer impossible.
Thanks to Trump's tariff stick, extremely high inflation has pushed the probability of an interest rate cut in May to over 50%.
Of course, if there is no interest rate cut, it will definitely cause a short-term blow to the market. With Trump as the wild card factor, I suggest that you brothers remain rational and observe more. Additionally, Ethereum is also quite weak; the upgrade that everyone expected for ETH has left many disappointed. Today, it tested the 1750 support level again.
