Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Analyst: Macro-economic concerns and deteriorating liquidity conditions may improve next quarter, Bitcoin prices could bottom out within a few weeks

Analyst: Macro-economic concerns and deteriorating liquidity conditions may improve next quarter, Bitcoin prices could bottom out within a few weeks

Bitget2025/03/18 02:41

Industry analyst David Duong stated that the market almost universally expects the Federal Reserve to maintain interest rates at this week's Federal Open Market Committee meeting, but investors should pay attention to any potential changes in the Fed's balance sheet reduction (i.e., quantitative tightening, QT) plan. He wrote in a report on Monday: "We believe that the Fed may pause or end its quantitative tightening program because bank reserve levels are close to 10-11% of US GDP, a level generally considered sufficient for financial stability."

He said recent cryptocurrency sell-offs were mainly due to macroeconomic concerns and worsening liquidity conditions, but these factors could improve next quarter, providing support for asset prices. "Cryptocurrency prices may bottom out in the coming weeks and then rebound to new highs later this year," he concluded.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!