September 2024: shock, correction shock.
The current game between recession expectations and interest rate cut expectations. (Although recession is not coming) but what the market thinks is very important. So if you want to get rid of the current downturn, you need to come up with positive news to stabilize the mood. The interest rate cut in September will be implemented.
October, the election is approaching. And the interest rate cut in September has passed. At that time, it depends on what trading expectations are. And especially the propositions of the two parties.
November, the election results on the 5th. Of course, I hope Trump will be elected (Trump's friendly and positive attitude towards encryption). Of course, no matter who comes to power, it will be a big fiscal stimulus. Although it has not been implemented, it is bound to drive emotions.
There will be a wave of market after the election. As for how high BTC can go, it is hard to say at present.
In December, FASB, officially effective on December 15, this is a positive factor that is not inferior to BTC spot ETF.
In January 2025, the new president officially takes office. The emotions brought about by the events mentioned in November and December will definitely continue.
February, here. In fact, starting from October, we should pay close attention to GDP, unemployment rate and inflation. Why?
Because: the only major uncertainty mentioned above is the economic situation, the possibility of recession and the specific time.
If there is a recession, the risk market will definitely panic and pull back; and then it will be followed by money release
Then there will be a violent bull market in the risk market
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