IXO13

IXO13

You can look at the gold chart, how it moved when it made the first high and then tested it, and what the Bitcoin chart looks like now, pretty similar situation, right? If we believe this pattern, then we can see the Bitcoin price at 45-44k IXO13FX tm

IXO13

Bitcoin and Ethereum could react negatively to strong inflation data, as this would reduce liquidity and investor risk appetite. However, in case of weaker GDP data or economic uncertainties, Bitcoin could gain traction as a hedge.