Short-Term #Bitcoin Outlook: Our Target Revealed
👇1-10) #Gold and Bitcoin are entering a pivotal moment in the markets. With gold rebounding near its all-time high and Bitcoin continuing to show bullish momentum, macroeconomic factors like easing inflation concerns, milder-than-expected tariffs, and dovish Fed commentary are driving optimism.
👇2-10) In late October, just a week before Trump’s election, gold prices halted their upward momentum and entered a consolidation phase. This was attributed to potential inflationary pressures stemming from Trump’s proposed immigration and tariff policies, as well as his commitment to refill the Strategic Petroleum Reserve—all of which economists projected could drive inflation expectations higher.
👇3-10) The announced tariffs have been milder than anticipated, and with Fed Governor Waller adopting a dovish tone last week, there are solid macroeconomic reasons supporting gold’s climb back to its all-time high, as well as Bitcoin’s continued ascent. These factors, coupled with last week’s #CPI data, are key considerations that have made us more optimistic about the current market outlook.
👇4-10) Full Report: https://mail.10xresearch.co/p/short-term-bitcoin-outlook-our-target-revealed