Noteworthy information today

#BTC Today at 16:30 CET, US CPI figures will be published.

The data will likely be worse than expected.

The market priced this in yesterday.

Therefore, I do not expect fluctuations in the price of $BTC.

On May 23, there were few expectations for $ETH spot ETF approval. It will be postponed to 80% later.

As of the final quarter of 2023, markets bought BTC spot ETF approval, the US Federal Reserve's interest rate cut signal in May, and the halving event #btc

A rate cut has not yet been implemented and is considered unlikely until the fall.

After the last week of May, there is no news that can stimulate the market and the market can be bought until the Fall.

If Bitcoin does not fall below 59K by the end of May, it will be most reasonable this summer, and there will be a strong rally in October.

This is my personal speculation. Not investment advice.