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A perfect storm for Bitcoin? Fed Earnings, PCE, GDP and Big Tech Ahead Bitcoin faces a critical week with key economic indicators, including the Federal Reserve's interest rate decision and GDP data, potentially affecting its price stability above $80,000. Analysts expect the Fed to keep interest rates on hold, but guidance on future policy could affect market sentiment towards risk assets like BTC. Big tech earnings reports from companies like Microsoft and Amazon are expected, as BTC performance is increasingly correlated with tech stock movements.

CryptoPotato · Crypto · Source

A perfect storm for Bitcoin? Fed Earnings, PCE, GDP and Big Tech Ahead Bitcoin faces a critical week with key economic indicators, including the Federal Reserve's interest rate decision and GDP data, potentially affecting its price stability above $80,000. Analysts expect the Fed to keep interest rates on hold, but guidance on future policy could affect market sentiment towards risk assets like BTC. Big tech earnings reports from companies like Microsoft and Amazon are expected, as BTC performance is increasingly correlated with tech stock movements.

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