Bitcoin's next major move could depend on the Federal Reserve. Sticky inflation and a weakening labor market have created a difficult policy situation.
📉 THE MACRO BATTLE:
Inflation remains elevated at 3.7%.
US job growth slowed to 29K.
Markets are watching the possibility of a 25bps rate hike.
⚡ WHAT IT MEANS FOR CRYPTO:
🔴 Hawkish Fed: Higher yields and a stronger dollar could put pressure on Bitcoin and other risk assets.
🟢 Dovish Fed: Cooling inflation could increase expectations of a rate pause, potentially supporting a crypto recovery.
MY TAKE: December's CPI and employment data could determine the next major market direction. Watch liquidity, Treasury yields, and Fed expectations closely.
Hike or Pause? What's your prediction????👀
