Bitcoin Macro Bullish Logic (Core Support🧐✨

📊 Bitcoin Macro Bullish Logic (Core Support)
🌍 Macroeconomic Level (Core Support)
The sharp decline in oil prices eased inflationary pressures, opening up room for the Federal Reserve to cut interest rates.
Previously, influenced by the Middle East situation, international oil prices surged to around $120 per barrel, triggering market concerns about a rebound in inflation and suppressing the performance of risk assets.
Recently, US President Trump stated that the Middle East conflict was nearing its end and that some oil-related sanctions would be lifted to stabilize oil prices.
WTI crude oil plummeted 10% in a single day, rapidly cooling inflation expectations.
💵 The market began pricing in a June rate cut by the Federal Reserve, leading to a decline in US Treasury yields, a weaker dollar, and marginal easing of global liquidity.
As a highly liquid asset, Bitcoin directly benefited from this transmission chain, resulting in a significant increase in its valuation.
📉 Meanwhile, the unexpectedly weak US non-farm payroll data for February, with a net decrease of 92,000 and an unemployment rate climbing to 4.4%, fueled a dovish stance within the Federal Reserve.
🏦 Governor Bowman explicitly stated that the weak labor market required support from policy rates, further strengthening expectations of a rate cut and injecting macroeconomic momentum into the Bitcoin rebound$BTC ‌