BTC Gonna to Utad 102K$ And gonna crush hard
2025-02-13
Category: None

My Current Bitcoin Analysis

In my opinion, Bitcoin is targeting the $102K range, based on the following key factors:  

The sharp rally in Bitcoin’s price immediately after the release of the inflation report was primarily driven by Jerome Powell’s statement that inflation is expected to decline to around 2% by 2027 —a level considered ideal for economic stability.  

While this reaction may seem unusual at first glance, the market likely interpreted Powell’s stance as a confirmation that no further inflationary pressures are expected in the near future. This, in turn, led to the assumption that interest rate hikes are off the table for now, creating a favorable environment for risk assets like Bitcoin.  

As a result, the price **quickly rebounded and resumed its bullish trend**, reinforcing the ongoing uptrend.  

Let’s see how the market develops in the coming days.  

Good night, friends! 🚀