Foreign media: Against a backdrop of high interest rates and persistent inflationary pressures, short-line short-lines are likely to be subject to greater depression if Bitcoin falls by $59,000. The article attributed the main pressure to the outflow of funds from risk assets while considering that there was still some support in the vicinity of the current prices.

The decline has increased in recent months.

CoinGecko data show that bitcoin has fallen by almost 20 per cent in a month, and by more than 45 per cent in the past year. After a delay of $60,000, the market started to look at whether $59,000 would fall.

According to the article, if this price falls, market sentiment may further weaken. Its core judgement is not derived from new variables in the chain, but from the continued repression of risk asset valuation in the macro-environment.

High interest rates are still the main pressure.

It is mentioned that in the United States, inflation rose to 4.2 per cent in May 2026, and the Federal Reserve subsequently maintained interest rates in response to a rebound in inflation. At the same time, the market expects that interest rates will continue to increase twice during the year.

Against this background, funds may continue to be withdrawn from highly volatile assets. According to the article, if Bitcoin falls by $59,000, the price may go further down.

  • America May Inflation 4.2%
  • The Fed maintains interest rates.
  • Markets are expected to increase interest rates within the year or twice

The article still mentions cycle support

Despite the overall judgement, the article also mentions that there is some support in the vicinity of the current price of Bitcoin. Over the past three quarters, bitcoin has experienced a succession of setbacks, a trend that also occurred in 2014, 2019 and 2022.

The article also notes that bitcoin is still being observed in the framework of the four-year cycle. At the historical pace of the list, bitcoin was high in 2017, 2021 and 2025. If this pattern continues, the next high point could be in 2029.

However, the article remains cautious about short-term trends, suggesting that prices may continue to bottom later this year, and that the pace of market restoration may not become more evident until around 2027.