Bitcoin (BTC) prices have repeatedly shown a tendency to surge when economic indicators and the Federal Reserve's (Fed) monetary policy direction intersect. Particularly in the recent three consecutive 7-week rising periods, Bitcoin has risen from 50% to up to 84%. It is noteworthy that non-leveraged positions, retail sales indicators exceeding expectations, and hawkish monetary policy statements have collectively supported the upward market.
In a low liquidity market, when US retail consumption shows strength and the Fed signals maintaining a tight monetary policy, Bitcoin emerges as an investment attraction with potential for higher returns compared to traditional assets. This aligns with the trend of cryptocurrencies rapidly emerging as alternative investments when risk premiums expand in traditional financial environments.
There are also forecasts that future speeches by Federal Reserve Chair Jerome Powell could be another catalyst for price direction. If strong economic recovery signals and continued interest rate hike statements are combined, Bitcoin may again attract buying momentum. Investors have been quickly responding by capturing similar macroeconomic periods, and during such combinations, Bitcoin prices have consistently shown steep rally increases.
If monetary policy trends and economic indicators once again support a Bitcoin price increase scenario, the demand from investors seeking entry opportunities in the current low-point range could further expand. The market is now listening to Powell's statements and key economic indicators while exploring Bitcoin's next directional movement.
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