While the US Federal Reserve (FED) is expected to keep interest rates fixed this month, a possible surprise interest rate reduction could be a powerful driving force for Bitcoin to rise to $ 112,000 again. This assessment was brought to the agenda in statements made by Carlo Pruscino, CMC Markets analyst.

According to Pruscino, the critical psychological level for traders is $ 112,000. However, in order to reach this level, not only technical indicators, but also macroeconomic developments should be “harmonious and encouraging ..

“If two more discounts come, the effect would be great”

“If there is an early interest rate reduction from the expected this year, it can create serious upward pressure on not only Bitcoin, but also on many crypto assets.” - Carlo Pruscino

On May 22, Bitcoin saw the summit of all time with $ 111,970, but then declined to $ 102,000. The last 30 -day increase is still around 6.7 %.

The market awaits the Fed to keep interest rates constant at its meeting on June 18th (CME Fedwatch data). However, according to Pruscino, the “interest rate reduction” will still be much wider on the table and the domain.

Trade policies and tariffs uncertainty source

The most important “unknown factor” that affects the Fed’s decision is the trade policies of the Trump administration.

Although the US International Court of International Court of International Court of International Court has a short relief, with the decision of appeal, Trump’s increasing tariffs on steel and aluminum to 50 %reassured the uncertainty in the market.

“The uncertainty of the trade policies in the Fed’s statements in his statements. Therefore, a sharp move may not come without a clear data, Prus says Pruscino.

Employment data: critical threshold 250.000

The US non -agricultural employment data, which will be announced on June 6, will be decisive not only in the FED, but also in terms of the short -term aspect of Bitcoin.

Pruscino explains:

“If there is a strong employment data of over 250,000, it will surprise these markets and can even delay the Fed’s interest rate reduction expectations.”

In this scenario, Bitcoin’s reached $ 112,000 can be postponed. However, a weak data can trigger the “risk appetite ..

Bitcoin’s target of $ 112,000 is no longer a level that can be explained only by technical analysis. All of the global economy, central bank policies and geopolitical factors require simultaneous harmony for such peaks. In particular, the Fed’s interest path has become the main axis that will determine the direction in crypto markets. The employment data on June 6 will be the first major test in this equation.