Bitcoin may decrease to $ 100,000 next week, according to analysts
Bitcoin hovers around the 104,000 dollar sign today, but it can decrease to $ 100,000 in the face of inflation and negative functions in the United States, according to the ExchandE Exchang BitBank analysis.
“With Trump’s opening celebration, the encryption market converts the focus into American inflation data today [the] “Jobs Report next week,” explains the Pepanko Market analyst Yuia Hasijawa.
while The inflation was not modest in DecemberHasegawa notes that it was “sticky” in recent months and that “the economic data that may not prefer Bitcoin”.
Something similar to Ethereum may apply, although the latter may outperform Bitcoin today yet Approval.
This news also comes at a time when the net flow of the current ETHEREUM federations turns positively after several days of external flows, with the addition of money up to $ 67.8 million to their books, According to Coinglass data.
However, if today brings increased inflation numbers, this may indicate that the federal reserve may be committed Her current insistence not to reduce interest rates. As of Friday morning, the Ministry of Trade Economic Analysis Office I mentioned The PC PC price index increased by 0.3 % last month after 0.1 % unintensive profit in November.
However, the founder of the Digital Finance Group James Wu suggested that if the market sees and relieves inflation, this may quickly increase the expectations of future price discounts.
And he told Decipher.
Even with less welcome inflation news today, the medium and long -term image of both Bitcoin and Ethereum are still positive, with emphasis on Hasegawa Jerome Powell is the latter in rotation On whether American banks should work with encryption companies.
“President Powell’s comment was received as the hope that there will be a level of additional cancellation on his way,” he said in a joint circulation with her. DecipherAdding that Powell’s notes form a piece of Removing last week to the SAB 121 Restricted Accounting Base.
Wo Digital Finance Group is also optimistic that Powell’s notes were more than a symbolic, and that it would lead to meaningful growth in the wider encrypted currency market.
“It provides great importance because it now provides greater guidelines for banks to serve encryption, which reduces the gray areas and the mystery that many institutions have faced in the past,” explains.
Other analysts refer to additional positive factors for Bitcoin, with 10x search in writing yesterday President Donald Trump’s definition is already due to the high price of gold, and it can do the same for the largest encrypted currency in the market.
“393 metric tons of gold – which amounts to about 35 billion dollars – have been transferred to the Comex basement in New York since the Trump elections, which prompted 75 % inventory levels, which is the highest since 2022,” and the company analysts write.
With the high price of gold, this momentum may increase an additional backup asset, which is already strong in light Recent moves from different countries To create BTC reserves.
Edit Stacy Elliot.
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