Will Bitcoin still "rise at every conference" this year?
The Bitcoin Conference brings more than just a slight improvement in the status of cryptocurrency. It is great news for the price of Bitcoin! The timing of this conference is strikingly similar to the Bitcoin Conference held in Miami in 2021. It may perfectly replicate or even completely surpass the crazy market in the second half of 2021!
In 2021, the market was like a super storm due to the negative events of China's domestic policies, triggering the terrifying "5.19" market; and this year, it actually used the German and Mt.Gox events to carry out the same crazy wash operation. To learn more about the logic of cryptocurrency investment, please visit my homepage! 🌟
However, before the 2021 conference, the market was like a stagnant pool of water and tended to be stable. After the conference, the market was also dead for several days. After confirming the bottom twice, it finally began to rise wildly. Before this conference, due to the huge impact of the "Trump" event, the market had miraculously achieved a "V-shaped" reversal before the meeting, rising strongly from the bottom, and the market sentiment was so optimistic!
Secondly, because of the epidemic, the United States frantically started the magic mode of "helicopter money" in early 2020. At that time, the expectation of interest rate hikes was ready to move, and the market was as anxious as an ant on a hot pot, and it was eager to finish the market before the official interest rate hike.
But at this moment, the Fed's interest rate cut is imminent, either in September this year or when Trump takes office. By then, the liquidity of the future market will be as surging as a surging river, and the risk preference will become stronger. The market will definitely last longer, like a never-ending carnival feast!
