In hindsight, I actually felt bad when the price of Bitcoin reached 70,000.

This month, the Federal Reserve FOMC meeting will not cut interest rates. The key is to release the dot plot. That is, the expectations of Federal Reserve officials for future interest rates. The dot plot is released four times a year, March, June, September, and December.

June and December are more important, after all, they are the middle of the year and the end of the year.

Among them, December is the end of the year, so the focus is on the overall interest rate trend in the next few years.

In June, what is more worthy of attention is the trend of interest rates at the end of this year. After all, everyone is looking forward to a rate cut.

Moreover, this month is quite exciting. The CPI data will be released on the evening of June 12, Beijing time, and the interest rate decision and dot plot will be released on the night of June 13.

In this environment, Bitcoin has reached 70,000, and I feel it is a scam.