#May CPI Incoming#
This Wednesday, the U.S. will release May CPI data — a key test for rate cut expectations. Cleveland Fed forecasts 2.4% YoY CPI (up from 2.3%), with core CPI flat.
💬 If inflation beats expectations, will the Fed still cut in June? Will you stay on the sidelines or take early action?
#Tech Giants Eye Stablecoins#
Apple, Google, Airbnb, and X are in talks to integrate stablecoins into their payment systems, aiming to cut fees and streamline global payments. Following Circle’s IPO surge, stablecoins are quickly gaining traction across tech and finance.
💬 Could stablecoins be
Previous Bitcoin Cycles Analyzed, New Peak Emerged for BTC Price! Pay Close Attention to This Level!
The crypto analysis company Alphractal highlighted in its new statement assessing the long term price movements of Bitcoin that BTC has adopted a more mature and consolidated structure in each new cycle.
According to Alphractal's analysis, Bitcoin historically reaches cycle peaks with multiples of the 2-year moving average (2Y SMA). However, these peaks are occurring at lower multipliers in each new cycle. This situation indicates that the market has matured and volatility has decreased.
Alphractal noted that the current level of 2Y SMA ×2.65 is around 159,000 dollars, stating that if Bitcoin gains momentum, this level will be an important resistance point.
Finally, the company stated, "Although the gains are occurring within a narrower framework, the potential to exceed the 2-year average in every cycle is still alive. This indicates that the long-term strength in the market is sustained."