Bitcoin returns to less than 108 thousand dollars with a decrease in the market price in reducing federal reserves
Main points:
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The markets are increasingly witnessing interest rates this year increasingly this year, with only the first appearance in September.
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Despite the weakness of the possible labor market, the encryption assets and risk assets lack the general upright, says the analysis.
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BTC/USD continues to decrease towards the lowest multiple new levels.
Bitcoin (BTC) was sold at the Wall Street Open on May 28, as the markets continued to pricing US interest rates.
BTC PRICE with a federal reserve reduction bet
Data from Cointelegraph Markets Pro and Tradingvief BTC/USD has shown dipping less than $ 108,000 to challenge its lowest multi -day levels.
Before the minutes of the federal reserve meeting in May, the mood among the origins of the risk was cautious.
CME collection Fedwatch tool Low risk of reducing rate – main rear winds for encryption and shares and more – before September.
Continue the unofficial feelings of deterioration per day, with the prediction service Like Seeing only two discounts in 2025, below from four in early April.
Update: Markets are now pricing in discounts in the Federal Reserve rate in 2025, a decrease from 4 earlier this year, as uncertainty advances before the Federal Reserve minutes today. pic.twitter.com/vayljgjwf
– Cointelegraph (@cointelgraph) May 28, 2025
In his latest analysis, the trading resource revealed Kobeissi’s speech, however, about a potential silver lining.
It was reported that consumer morale on the labor market was flashing classic signs of the upcoming unemployment – something that the Federal Reserve would force to provide price cuts forward.
“The evaluation of the availability of current jobs has also decreased over the past three years. In previous economic sessions, this scale has been a major indication of unemployment,” has decreased. He said X followers.
“This indicator clearly indicates another increase in the unemployment rate in the coming months. The labor market continues to show the signs of weakness.”
Risk origins lack
Take BTC price actions in the meantime a reduction through Giving liquid On the bottom, the famous trader that a “operator” had previously warned of more losses if broken.
Related to: The whales in Bitcoin continue to buy, as the BTC price declining goals include $ 94,000
“However, the most surprising feature is the huge wall for the short references above, starting from 108900 dollars and extending significantly to the top, especially about $ 109,000 -109200 dollars+”, ” Recognized.
“This creates a biased big imbalance towards short qualifiers.”
With BTC/USD Rangebound since its highest levels ever, the macro analysis from the QCP Capital ultimately ultimately indicates a great opportunity in the outbreak of prices without a suitable incentive.
“Volatility continues across most of the assets categories in drifting, as the markets enter into a calmness amid a scarcity in the flow of targeted news and total economy data,” she said in the latest bulletin for Telegram subscribers per day.
“The news cycle remains uncompromising, however the markets are increasingly appearing for negative developments, spreading the headlines that may have sparked more important reactions.”
This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.