$BTC Ryan Li: In the current conditions, maintaining the key interest rate of the Federal Reserve at the same level may temporarily limit the appetite for cryptocurrencies, while the escalation of the trade conflict between the USA and China increases the volatility of traditional markets, which makes investors approach high-risk instruments, such as Bitcoin, more cautiously, explained Li.
🤔In his opinion, June may pass in a sideways trend with testing support levels around $100–105 thousand. The expectation for a new wave of growth has shifted to autumn, when, as investors hope, the American administration will manage to find a compromise with Beijing on tariffs, and the Federal Reserve of the USA will decide to lower the key interest rate, concluded Li.#MyCOSTrade