Any good news left that can save Bitcoin from its slump? Where are the people bullish on $BTC and claiming $60K is the bear market bottom? Is it Trump’s trash talk? The U.S., Iran, and Israel are in a heated three-way conflict, and a peace ceasefire agreement seems like a pipe dream. The World Cup is around the corner, Japan’s central bank is raising rates, and U.S. May CPI is up 4.2% year-over-year. Core CPI came in below expectations month-over-month, hitting a near three-year high since May 2023! Inflation pressure in the U.S. is mainly concentrated in the energy sector. While the Fed won’t hike rates immediately, rate cuts are nowhere in sight! Bitcoin is consolidating in this triangle pattern, gearing up for the next move. The next step? Breaking down with the upcoming bearish news, crashing below $60K and heading straight for $50K—it’s just a matter of time! Hold onto those short positions patiently and wait for Bitcoin to completely break below $60K and head for $50K!