Analysts Name Stagflation ‘The Theme of 2025’ as Bitcoin Faces Critical Zone
Initial jobless claims are due on January 2nd, but stagflation concerns are the real elephant in the room for Bitcoin price projections running into 2025.
According to a Kobeissi Letter written in an X thread on December 29th, “Investors are worried that we will see a repeat of the 1970s inflation situation. The Fed is cutting rates due to a weaker labor market while inflation rebounds.”
While the Federal Reserve has one month to go until its next meeting on interest rates, markets continue to price out the likelihood of further rate cuts next year.