#BitcoinBouncesBack


Investors are now most afraid not of war or geopolitics, but that inflation will flare up again (a second wave). Because of this, the Fed will not quickly cut rates.

How will this affect Bitcoin tomorrow—two scenarios:

1. Bad scenario. The markets will panic, fearing that money will become expensive again (rates are high). Then investors will start selling risky assets, including Bitcoin. It could drop.
2. Good scenario. Some investors, on the contrary, will see Bitcoin as protection against inflation and will start buying it. Especially if shares of tech companies begin to fall (due to fears of an “AI bubble”)—then money could flow into Bitcoin.

What will determine tomorrow? The main thing is to keep an eye on the US retail sales data (released during the day). If sales are strong—then inflation is persistent, and Bitcoin is likely to move down. If weak—there’s hope for an early rate cut, and Bitcoin could rise.

Bottom line: expect ups and downs, without a sharp trend. Most likely, Bitcoin will remain in a range, but it may jerk in both directions. Just be cautious tomorrow during the day.
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 13
  • Repost
  • Share
Comment
Add a comment
Add a comment
MrFlower_XingChen
· 06-19 17:24
To The Moon 🌕
Reply0
BeautifulDay
· 06-18 03:43
To The Moon 🌕
Reply0
ThisIsTranslateContent:
· 06-18 00:59
Just charge forward 👊
View OriginalReply0
NewName
· 06-17 14:33
Thank you for information!
Reply0
SheenCrypto
· 06-17 08:53
To The Moon 🌕
Reply0
Miss_1903
· 06-17 06:49
Thanks for sharing, dear 🌹🥰❤️
View OriginalReply0
ybaser
· 06-17 06:10
thank you for information about crypto market
Reply0
ybaser
· 06-17 06:10
2026 GOGOGO 👊
Reply0
HighAmbition
· 06-16 17:00
thank you for information about crypto market
Reply0
CriptoPu
· 06-16 15:56
To The Moon 🌕
Reply0
View More
  • Pinned