🎉Inflation is cooling down, the Bitcoin bull market is ready to go, and the market is welcoming the positive news of interest rate cuts! 👀

📈【Market News】Last night's inflation data was released, bringing a bright spot to the market! Last month's inflation rate fell slightly to 3.0%, down 0.3 percentage points from 3.3% last month. This small step down gives us reason to expect that the next CPI data may bring us a surprise starting with "2", catching up with the Fed's 2% target!

🎉The core CPI data is also very impressive, the actual 3.3% is lower than the expected 3.4%, which is a positive signal for the market. Against this backdrop, the cryptocurrency market, especially Bitcoin, is expected to usher in a new bull market. Maybe, in the next month or two, we will be able to witness a new round of crazy growth in Bitcoin!

👀From a technical perspective, although Bitcoin is still hovering below the 200-day moving average, with the support of these positive news, it is definitely possible to break through this key resistance line before the end of the month and start a new rising cycle!

📉Let's take a look at the FOMC meeting. The July meeting showed that the probability of maintaining interest rates unchanged was as high as 93.3%. Although it was slightly lower than the 94% of the previous day, it was already very close to our expectations. By the meeting on September 18, the market expected the probability of a 25 basis point rate cut to have soared to 86.4%, and the probability of a 50 basis point rate cut was also 6.2%. It seems that the September rate cut is almost a done deal.

🔮Continue to look forward, the probability of a 50 basis point rate cut in November has reached 50.3%, and the probability of a 75 basis point rate cut at the meeting on December 18 is also 43.2%. On the whole, there may be three rate cuts before the end of the year, which is undoubtedly a shot in the arm for Bitcoin and the entire cryptocurrency market.

🚀If these expectations come true, the cryptocurrency market will usher in a wave of considerable gains, bringing new opportunities to investors. The current economic data and market expectations make us full of expectations for the future of the cryptocurrency market. Let us pay attention and witness the arrival of this moment together! #美国6月CPI大幅降温 #美联储何时降息？ #通胀数据 #加密货币市场