Questions that I don't understand

Powell said that the Fed does not allow holding $BTC , and will not change the law.

Trump directly opened the big, he really loves big cake. Let's not talk about whether the currency circle has a future in the eyes of outsiders, but I believe everyone has seen Trump's attitude.

Abolishing the debt ceiling requires a vote of both houses, but the two houses of Congress are Trump's own team, so if nothing unexpected happens, the probability of this proposal passing is very high.

As long as Trump's basic strategy of issuing QE remains unchanged, after January + our own exchange rate reform cycle, RMB appreciation is inevitable.

Under the premise that Trump's issuance of QE remains unchanged, the depreciation of U is inevitable, so in the next month, you can sell U in batches or exchange the U in your hands for big cakes, and then wait for U to fall and buy it back. Because our country is a major exporter, the exchange rate will still be stabilized later. It's just a time period. There is no supporting policy yet, so it's hard to see.

Let me translate the above paragraph for you. Trump directly abandons the weight and credit of the US dollar for big cakes. Another thing is that everyone knows that USD is pegged to the US dollar.

If the USD is expected to depreciate, the Wall Street people will definitely know that before the depreciation, Bitcoin will be sold and exchanged for USD or even other currencies to buy goods or even gold.

Speaking of Bitcoin, you may think that USDT depreciates and is exchanged for Bitcoin or other counterfeits. Then, let's talk about the next Bitcoin increase. It won't last long, but it will definitely be more than 120,000.

But the biggest problem with Bitcoin is that it can't be used to buy daily necessities. So no matter how much capital hypes Bitcoin, it must be exchanged for basic currency to buy goods and daily necessities.

Now Trump is very friendly to the currency. He will not let the currency fall. Just follow him after he takes office. However, before he takes office, you can indeed consider taking a wave of price differences, which should be quite large.

In this round of decline, BTC is a strong support at 90,000 on the daily chart. You can consider going long and receiving spot nearby. It is still the first position first, and then increase the position after it stabilizes.