This wave of decline is mainly due to the impact of Japan’s interest rate hike. However, I think the bull market is not over. There will be many positive things in the future, such as U.S. interest rate cuts, the U.S. presidential election, etc. I think Bitcoin may rise in a few months. It can exceed 80,000, and there is a good chance of exceeding 100,000 in the future. Each round of bull market needs to go through a wave of correction before it can continue to rise, and some high leverage must be washed away before it can continue to rise, so we are very optimistic about the next trend.
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First of all, let me talk about my humble opinion: the bull market is not over yet, and it is on the way. Every round of market start-up has experienced twists and turns. As the saying goes: Therefore, when God is about to send a big bull to the market, he must first make his mind suffer, his muscles and bones tired, his body hungry, and his body empty, and then increase his ability.
There are several points on the current data: First, ETF inflow + US government support will become the biggest opportunity for this round of bull market, and it is precisely this opportunity that requires sufficient absorption and washing. Second, similar to the black swan of the global financial market on Black Monday, BTC smart money big holders did not panic sell, but continued to accumulate chips! Third, 85% of the central banks of major countries in the world are currently in a loose interest rate cut state, and the Federal Reserve’s interest rate cut is approaching. Global flooding is the best antidote for every crisis.
This round of Japan's 🇯🇵 rate hike has released the recession panic caused by the Fed's rate cut in advance, which provides a cushion for the Fed's real rate cut, thereby effectively releasing the negative impact. On the contrary, waiting for the Fed to really cut interest rates may become a positive, and the probability of the Fed's rate cut in September is currently as high as 95%. I still maintain that around Q3 2025 will be the peak of this bull market. Judging from the data of the past two bull markets, the peak of the bull market generally occurs 518-546 days after the BTC halving, which happens to be the time point of Q3 in 25 years. As shown in the 👇 figure
📊In the 2015-2017 cycle, Bitcoin reached its peak 518 days after the halving
📊In the 2019-2021 cycle, Bitcoin reached its peak 546 days after the halving
So, our current bull market is far from over. It is only 111 days after the#BTChalving, and it is still early. About a year after the rate cut + more than 500 days after the BTC halving will be the peak of this bull market!
🏆Activity rules: Quote my article and express your views on the current market trend. Can BTC hit more than 100,000 US dollars in this bull market? And is the cryptocurrency bull market over? Be sure to attach your views + logic in the comment area!
Welcome everyone to exchange views rationally and say your views in the comment area. I will select 10 posts with the highest content quality and the highest interaction in the comment area. 20U each.
🫡This post is jointly sponsored by Binance Square #BNB
First of all, let me talk about my humble opinion: the bull market is not over yet, and it is on the way. Every round of market start-up has experienced twists and turns. As the saying goes: Therefore, when God is about to send a big bull to the market, he must first make his mind suffer, his muscles and bones tired, his body hungry, and his body empty, and then increase his ability.
There are several points on the current data: First, ETF inflow + US government support will become the biggest opportunity for this round of bull market, and it is precisely this opportunity that requires sufficient absorption and washing. Second, similar to the black swan of the global financial market on Black Monday, BTC smart money big holders did not panic sell, but continued to accumulate chips! Third, 85% of the central banks of major countries in the world are currently in a loose interest rate cut state, and the Federal Reserve’s interest rate cut is approaching. Global flooding is the best antidote for every crisis.
This round of Japan's 🇯🇵 rate hike has released the recession panic caused by the Fed's rate cut in advance, which provides a cushion for the Fed's real rate cut, thereby effectively releasing the negative impact. On the contrary, waiting for the Fed to really cut interest rates may become a positive, and the probability of the Fed's rate cut in September is currently as high as 95%. I still maintain that around Q3 2025 will be the peak of this bull market. Judging from the data of the past two bull markets, the peak of the bull market generally occurs 518-546 days after the BTC halving, which happens to be the time point of Q3 in 25 years. As shown in the 👇 figure
📊In the 2015-2017 cycle, Bitcoin reached its peak 518 days after the halving
📊In the 2019-2021 cycle, Bitcoin reached its peak 546 days after the halving
So, our current bull market is far from over. It is only 111 days after the#BTChalving, and it is still early. About a year after the rate cut + more than 500 days after the BTC halving will be the peak of this bull market!
🏆Activity rules: Quote my article and express your views on the current market trend. Can BTC hit more than 100,000 US dollars in this bull market? And is the cryptocurrency bull market over? Be sure to attach your views + logic in the comment area!
Welcome everyone to exchange views rationally and say your views in the comment area. I will select 10 posts with the highest content quality and the highest interaction in the comment area. 20U each.
🫡This post is jointly sponsored by Binance Square #BNB
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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