BTC
has broken 63,000, and we need to pay attention to the closing line tomorrow morning.
In the evening, the GDP growth of the United States in the first quarter was cold, and the excessive slowdown in economic growth could not stimulate the core inflation driven by demand.
Then the expectation of interest rate cuts within the year will also decline again. At present, traders in the swap market have postponed the first interest rate cut of the Federal Reserve to December, and it is expected that the Federal Reserve will only cut interest rates by about 35 basis points throughout 2024.
This is also in line with the previous personal judgment on the Fed's interest rate cut expectations. The United States has not achieved the expected collection effect in the global asset market this round. So there will be no interest rate cuts in the short term.
But I think the remarks of raising interest rates are nothing but empty talk, which is unlikely to happen. Individual financial markets will continue to push higher. This includes the crypto market, and I also think that the main rising wave of BTC in this round has not yet arrived.
1BTC=100,000 US dollars is just a matter of time. Therefore, the adjustments before this are the best opportunities to get on board.
(Dream quality is turned on)
