#Bitcoin's rally may be losing steam.#
Hot Topic Overview
Overview
Recently, market predictions suggest that the Bitcoin rally may weaken ahead of the Federal Open Market Committee (FOMC) meeting at the end of January. Markus Thielen, founder of 10x Research, believes that the crypto market will see a positive start in early January, followed by a slight pullback before the release of the Consumer Price Index (CPI) inflation data on January 15th, and then rise again before Trump's inauguration. However, the market may see a decline ahead of the FOMC meeting on January 29th. This prediction is based on an analysis of the impact of US economic policies and inflation data, as well as the direction of policies under Trump's leadership.
Ace Hot Topic Analysis
Analysis
Market analysts are cautious about the recent Bitcoin rally, believing it may weaken ahead of the Federal Open Market Committee (FOMC) meeting at the end of January. Markus Thielen, founder of 10x Research, predicts a positive start to the crypto market in early January, followed by a slight pullback before the release of the Consumer Price Index (CPI) inflation data on January 15th, and then another rise before Trump's inauguration. However, he believes the market may pull back before the FOMC meeting on January 29th. This prediction is based on an analysis of factors such as US economic policy and inflation expectations, suggesting that the FOMC meeting could have a significant impact on the market, leading to a weakening of the Bitcoin rally.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Bitcoin's rally may weaken ahead of the FOMC meeting at the end of January.
Bitcoin may rise again before Trump's inauguration.
Bitcoin may see a slight pullback ahead of the release of the Consumer Price Index inflation data on January 15th.
The crypto market may see a positive start to the year in early January.