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#Crypto Market Bounces Up #TUT Price Rise #Crypto ETFs Under Application
Some people ask if there will be a new high for BTC if the Federal Reserve reduces interest rates in June or July. It's hard to say for now; first, whether they will cut rates is uncertain. If inflation unexpectedly rises from April to June, it's over, and we can basically confirm that 110,000 is the highest point for this round. If rates are cut as scheduled in June-July, then from August to November, there might be another pump in the market, but reaching a new high would require breaking 107,000. In the last bull run, the highest point before May 19 was around 60k, and the high point in the second half was just a few thousand points higher. The ideal scenario would be a breakout like the one between 73,300 and 100k, where it breaks and stabilizes at a new peak before rallying another 30k points. However, speculation is always speculation. The consensus in the market is that the peak will be set in the second half of the year, so there's no need to chase the top. For most people right now, just surviving the next few months would be quite good.