Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

SEC chairman Atkins confirms the end of hard crypto enforcement, proposes a uniform framework

2025-05-19

Nexchain leads together with BTC Bull Token

2025-05-19

Finish Bitcoin price inches in the direction of all time-can Momentum?

2025-05-19
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Alchemie acquires Solana developer Dexterlab for unknown sum

    2025-05-19

    Interlink and Blazpay Partner to improve the user experience in Web3 with AI

    2025-05-19

    Filmmaker David Goyer bets on blockchain for the next sci-fi franchise

    2025-05-19

    Jesse Pollak explains how Pectra Upgrade will overload the basic network

    2025-05-19

    Ice Open Network welcomes Soonchain AI in its online+ ecosystem to stimulate web3 ai-game development

    2025-05-18
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    SEC chairman Atkins confirms the end of hard crypto enforcement, proposes a uniform framework

    2025-05-19

    Trump administration to beat bank rules designed to prevent collapse in 2008 style: report

    2025-05-19

    Mastermind Behind Sec Sim -exchange schedule sentenced to 14 months in prison for manipulating Bitcoin price

    2025-05-18

    Capital One pays $ 425,000,000 to customers after they have reportedly cheated customers from a higher return on bank balance

    2025-05-18

    Myth or reality? Mica and its real impact on the market that dissolve common misconceptions

    2025-05-18
  • Analysis

    Finish Bitcoin price inches in the direction of all time-can Momentum?

    2025-05-19

    Ethereum – price cannot break through – what does it stop?

    2025-05-19

    Dogecoin (Doge) is struggling to support profit while Meme Coin cools Mania

    2025-05-19

    Crypto analyst says that Bitcoin correction comes before the outbreak to the new all-time here is his prediction

    2025-05-19

    XRP – Price is struggling to keep the ground – breakdown or breathing break?

    2025-05-19
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-09
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Bitcoin»Here’s what’s at stake this week
Bitcoin

Here’s what’s at stake this week

2024-06-17No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

As Bitcoin enters a pivotal week, market participants are keeping a close eye on several key indicators and events that could shape its near-term trajectory. Renowned crypto analyst Ted (@tedtalksmacro) provided an in-depth explanation analysishighlighting the critical factors that play a role.

Weekly Bitcoin Preview

Ted’s analysis begins by contextualizing the broader macroeconomic environment. Last week’s US Consumer Price Index (CPI) and Producer Price Index (PPI) figures were bullish for risk assets, highlighting an ongoing disinflationary trend. “Both the CPI and PPI data were bullish for risky assets, with both showing that the disinflationary trend continues,” Ted noted. However, he cautioned that the Federal Reserve’s announcement suggested the market should not be overly enthusiastic about upcoming rate cuts.

Related reading

The focal point for this week is the Federal Open Market Committee (FOMC) meeting and the revised dot plot. In March, the dot plot indicated potential rate cuts of two to three times in 2024. However, the revision of the dot plot in June indicates a more conservative forecast, indicating only one to two cuts. Ted explained: “The March dot plot indicated that rates would be cut two to three times in 2024, but the June dot plot suggests that only one to two rate cuts should be expected.”

This alignment between the Fed’s projections and market expectations likely gives the central bank more flexibility in future interest rate communications. For Bitcoin, maintaining the $66,000 support level is crucial.

Ted emphasized the importance of this threshold, saying: “It is critical that Bitcoin maintains its support at $66,000. If they break, sellers can gain a stronghold in the market and force quick liquidations from the bulls.” This level of support is seen as a critical threshold, with potential implications for broader market sentiment.

See also  What's Behind GMX's Rising V2 Traction?

The implied weekly margins for Bitcoin and Ethereum reflect cautious optimism among traders. Bitcoin is expected to trade between $65,100 and $74,100, while Ethereum is expected to range between $3,388 and $4,025. Ted emphasized: “This week is crucial for maintaining the short-term trend of BTC (and by extension the broader crypto market).

Related reading

Ted also pointed to the performance of US technology stocks, especially the NASDAQ, which recently reached new all-time highs. “US tech stocks are certainly feeling the disinflationary vibe as the NASDAQ breaks out to new all-time highs in anticipation of easier central bank policy,” he noted. This disconnect shows that something could be cooking for Bitcoin.

Ethereum’s performance against Bitcoin is another area of ​​focus. Ted suggested that Ethereum could be “catching up to Bitcoin,” especially with the expected launch of spot Ethereum ETFs on Wall Street. This potential for Ethereum to close the performance gap with Bitcoin is an important dynamic to watch in the coming days.

In addition, the interest rate decisions of the Swiss National Bank (SNB) and the Reserve Bank of Australia (RBA) are on the radar. While no interest rate cuts are expected from these central banks, their decisions will be closely scrutinized for indications of future monetary policy shifts. Ted said: “The Australian or Swiss central banks are not expected to cut rates at this week’s meeting, but rather remain on hold.”

ETF flows, which slowed last week due to market swings ahead of major macro events, are also expected to play a crucial role. Ted noted: “Last week we saw ETF flows on Wall Street for Bitcoin slow down. Likely due to the jitters ahead of major macro events, it will be critical for BTC’s strength that flows return in the coming week.” Strong ETF flows are essential for maintaining liquidity and supporting Bitcoin’s price.

See also  XRP Forms Bullish Flag Pattern: What's Next for the Altcoin?

In conclusion, this week will be crucial for Bitcoin and the broader crypto market. The interplay of disinflation trends, Federal Reserve announcements, key support levels and external economic factors will determine the direction of the market. Ted concluded: “The data clearly points to a shift towards looser monetary policy – ​​and possibly sooner rather than later. This reinforces my view that dips provide opportunities for risky assets such as cryptocurrencies and equities.”

At the time of writing, BTC was trading at $65,965.

Bitcoin price
Bitcoin falls below $66,000, 1-day chart | Source: BTCUSD on TradingView.com

Featured image created with DALL·E, chart from TradingView.com

Source link

Heres Stake week Whats
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Whales that are used heavily on Bitcoin Longs – this is why this can work out counterproductive!

2025-05-19

Ethereum cools down as Bitcoin Strances: the rotation game of Smart Money Decoding!

2025-05-19

Bitcoin’s transaction costs rises to a YTD height of $ 2.4

2025-05-19

All the reasons why the price of Bitcoin could be set for an explosive rally

2025-05-19
Add A Comment

Comments are closed.

Top Posts

Ethereum (ETH) Price on the eve of major breakout

2023-06-01

Will There Ever Be Other Crypto Spot ETFs in the US?

2024-05-02

Bitcoin: LTHs and STHs may want to know about their BTC holdings

2023-08-04
Editors Picks

Judge rejects Binance and SEC’s request for a protective measure to prevent files from being sealed

2023-11-15

Why this Colombian neobank is switching from Ethereum to Avalanche

2024-10-11

Why the next major movement of Bitcoin could crush traders against it

2025-04-26

Laser Digital works with Pyth Network as a data provider

2024-03-08

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

SEC chairman Atkins confirms the end of hard crypto enforcement, proposes a uniform framework

Nexchain leads together with BTC Bull Token

Finish Bitcoin price inches in the direction of all time-can Momentum?

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$105,384.100.17%
  • ethereumEthereum(ETH)$2,513.920.17%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.37-1.65%
  • binancecoinBNB(BNB)$646.72-0.39%
  • solanaSolana(SOL)$165.84-4.15%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • dogecoinDogecoin(DOGE)$0.224021-3.65%
  • cardanoCardano(ADA)$0.74-2.63%
  • tronTRON(TRX)$0.265056-1.12%
  • suiSui(SUI)$3.79-1.78%
  • chainlinkChainlink(LINK)$15.69-1.80%
  • avalanche-2Avalanche(AVAX)$22.30-3.50%
  • stellarStellar(XLM)$0.285728-2.29%
  • hyperliquidHyperliquid(HYPE)$26.07-1.07%
  • shiba-inuShiba Inu(SHIB)$0.000014-2.88%
  • hedera-hashgraphHedera(HBAR)$0.192214-1.69%
  • unus-sed-leoUNUS SED LEO(LEO)$8.63-0.88%
  • bitcoin-cashBitcoin Cash(BCH)$390.60-3.28%
  • the-open-networkToncoin(TON)$3.02-4.53%
  • litecoinLitecoin(LTC)$98.44-2.01%
  • polkadotPolkadot(DOT)$4.61-3.41%
  • moneroMonero(XMR)$342.610.51%
  • bitget-tokenBitget Token(BGB)$5.16-0.35%
  • pepePepe(PEPE)$0.000013-3.16%
  • daiDai(DAI)$1.000.02%
  • piPi(PI)$0.72-2.27%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$5.96-2.45%
  • bittensorBittensor(TAO)$411.70-3.22%
  • aaveAave(AAVE)$235.73-0.50%
  • nearNEAR Protocol(NEAR)$2.77-1.92%
  • aptosAptos(APT)$5.16-0.45%
  • okbOKB(OKB)$52.23-2.09%
  • ondo-financeOndo(ONDO)$0.93-2.68%
  • kaspaKaspa(KAS)$0.107568-5.62%
  • ethereum-classicEthereum Classic(ETC)$18.38-1.67%
  • internet-computerInternet Computer(ICP)$5.23-1.74%
  • gatechain-tokenGateToken(GT)$21.38-1.49%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.88-2.35%
  • crypto-com-chainCronos(CRO)$0.095900-3.68%
  • mantleMantle(MNT)$0.73-1.29%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.233877-2.14%
  • vechainVeChain(VET)$0.027993-2.53%
  • render-tokenRender(RENDER)$4.59-2.14%
  • ethenaEthena(ENA)$0.369428-5.55%
  • usd1World Liberty Financial USD(USD1)$1.00-0.05%
  • filecoinFilecoin(FIL)$2.900.04%
  • algorandAlgorand(ALGO)$0.221987-1.24%
  • arbitrumArbitrum(ARB)$0.389515-0.80%
  • bitcoinBitcoin(BTC)$105,384.100.17%
  • ethereumEthereum(ETH)$2,513.920.17%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.37-1.65%
  • binancecoinBNB(BNB)$646.72-0.39%
  • solanaSolana(SOL)$165.84-4.15%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • dogecoinDogecoin(DOGE)$0.224021-3.65%
  • cardanoCardano(ADA)$0.74-2.63%
  • tronTRON(TRX)$0.265056-1.12%
  • suiSui(SUI)$3.79-1.78%
  • chainlinkChainlink(LINK)$15.69-1.80%
  • avalanche-2Avalanche(AVAX)$22.30-3.50%
  • stellarStellar(XLM)$0.285728-2.29%
  • hyperliquidHyperliquid(HYPE)$26.07-1.07%
  • shiba-inuShiba Inu(SHIB)$0.000014-2.88%
  • hedera-hashgraphHedera(HBAR)$0.192214-1.69%
  • unus-sed-leoUNUS SED LEO(LEO)$8.63-0.88%
  • bitcoin-cashBitcoin Cash(BCH)$390.60-3.28%
  • the-open-networkToncoin(TON)$3.02-4.53%
  • litecoinLitecoin(LTC)$98.44-2.01%
  • polkadotPolkadot(DOT)$4.61-3.41%
  • moneroMonero(XMR)$342.610.51%
  • bitget-tokenBitget Token(BGB)$5.16-0.35%
  • pepePepe(PEPE)$0.000013-3.16%
  • daiDai(DAI)$1.000.02%
  • piPi(PI)$0.72-2.27%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$5.96-2.45%
  • bittensorBittensor(TAO)$411.70-3.22%
  • aaveAave(AAVE)$235.73-0.50%
  • nearNEAR Protocol(NEAR)$2.77-1.92%
  • aptosAptos(APT)$5.16-0.45%
  • okbOKB(OKB)$52.23-2.09%
  • ondo-financeOndo(ONDO)$0.93-2.68%
  • kaspaKaspa(KAS)$0.107568-5.62%
  • ethereum-classicEthereum Classic(ETC)$18.38-1.67%
  • internet-computerInternet Computer(ICP)$5.23-1.74%
  • gatechain-tokenGateToken(GT)$21.38-1.49%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.88-2.35%
  • crypto-com-chainCronos(CRO)$0.095900-3.68%
  • mantleMantle(MNT)$0.73-1.29%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.233877-2.14%
  • vechainVeChain(VET)$0.027993-2.53%
  • render-tokenRender(RENDER)$4.59-2.14%
  • ethenaEthena(ENA)$0.369428-5.55%
  • usd1World Liberty Financial USD(USD1)$1.00-0.05%
  • filecoinFilecoin(FIL)$2.900.04%
  • algorandAlgorand(ALGO)$0.221987-1.24%
  • arbitrumArbitrum(ARB)$0.389515-0.80%