BTC stable outlook due to Federal Reserve rate freeze… “In the long term, a favorable environment”

As the United States Federal Reserve (Fed) maintains the key interest rate, there is a forecast that the market for risky assets including Bitcoin will remain stable for the time being.

Valentin Fournier, an analyst at digital asset analysis firm BRN, said in an interview with The Block, "As the US economy enters a slowdown phase, concerns about stagflation are growing. Unless the Fed makes rapid policy shifts, the market is likely to remain stagnant without major direction for several months," and evaluated, "This environment may be favorable to Bitcoin in the long run."

David Hernandez, a cryptocurrency analyst at 21Shares, analyzed, "In the uncertainty of central bank policies, Bitcoin is being revisited as a means of value storage," and added that "a slowing economy and high unemployment rate could stimulate demand for BTC." He also added, "Bitcoin, as a cross-border decentralized asset, has the characteristic of being able to absorb global liquidity."

While the Fed's recent interest rate hold may maintain a short-term wait-and-see approach, there are evaluations that structural macro changes could create favorable conditions for the Bitcoin market.