BTC Price Analysis & Macro Impact: Short-term Outlook: Macro Pressure: The global trend of rate cuts points to slowing economic growth, and with expectations of a potential Fed rate cut, risk assets like Bitcoin could benefit. However, with BTC mining profitability at record lows and equity market volatility, Bitcoin might struggle to break above $60K in the short term. Technical Levels: If BTC holds above the $55K-$56K support zone, a retest of $60K could be on the horizon. Long-term Outlook: Opportunities: Over the long term, continued rate cuts globally could push more investors into Bitcoin as a hedge against traditional markets. Additionally, increasing interest from TradFi institutions, such as Cantor Fitzgerald’s CEO highlighting Bitcoin’s potential as a new asset class, could offer significant tailwinds for BTC. Macro Factors: If the Fed does cut rates, it could fuel capital flows into crypto, with Bitcoin and Ethereum standing to gain the most. This could position BTC for a breakout to new highs by the end of 2024. $BTC $ETH $SOL #BTC走势分析 #非农就业数据即将公布