🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes!
[Be cautious of major fluctuations tonight! Terrifying data + Powell's speech is coming!]
Tonight, May 15th at 20:30, the US will release retail sales data (commonly known as "terrifying data") and the April PPI Producer Price Index.
These key data points could significantly influence the market's expectations for the Federal Reserve's future interest rate cuts. If the data is weaker than expected, expectations for the Federal Reserve to cut rates may increase, the US dollar could weaken, and gold prices as well as risk assets (including the cryptocurrency market) are likely to benefit.
However, there are currently two divergent interpretations of retail sales data (possibly a significant increase or lower than expected). Coupled with the PPI expectation dropping to 2.5%, the market direction may experience significant fluctuations after the data is released tonight, and investors should exercise extra caution.
In addition, Federal Reserve Chairman Powell will speak at 20:40 at the second monetary policy framework review research conference, focusing on monetary policy and economic outlook, which also holds potential influence.
Key time points for tonight:
20:30 Retail Sales Data + PPI Data Released
20:40 Powell speaks
Get ready for the volatility!
#BTC行情预测#