Core Viewpoint - The recent outlook for Bitcoin will largely depend on upcoming U.S. economic data, including preliminary GDP figures and core personal consumption expenditure inflation data [1] Group 1: Economic Data Impact - If the economic data continues to show a slowdown in the U.S. economy and easing inflation, the Federal Reserve will have more justification to initiate a rate-cutting cycle [1] - Such a scenario would create a liquidity-rich environment favorable for Bitcoin's recovery [1] Group 2: Market Reactions - Conversely, if the data unexpectedly shows strong performance, investors may adopt a defensive stance, prolonging short-term corrections [1] - Bitcoin recently increased by 0.2%, reaching a price of $112,981 [1]