12.16 Super Central Bank Week Bitcoin Breaks Historical High Again This Week May Reach $110,000!

This week is the "Super Central Bank Week", where major central banks such as the Federal Reserve, Bank of Japan, and Bank of England will hold their last monetary policy meetings of the year. The market generally expects that the Federal Reserve will cut interest rates by 25 basis points at the meeting on December 17-18, with a probability as high as 97%. This expectation is mainly based on recent economic data, especially inflation and labor market data, which show that inflation pressures have eased. Although the expectation for a Federal Reserve rate cut is strong, the market is also paying attention to signals that the Federal Reserve may pause further rate cuts in January. Therefore, in recent operations, everyone needs to pay attention to the uncertainty of these data and the impact of fluctuations on the market.

Today, on Monday, the price of Bitcoin hit a new historical high again, reaching above 106,000. As someone in the cryptocurrency circle, we have become accustomed to this and do not find it surprising. Only those outside the cryptocurrency world would be shocked by these market fluctuations. In fact, everyone has always known that the trend has been maintaining a bullish stance; it’s just that many people cannot endure the adjustment period of volatility and get confused by short selling. Now, every time we look back in such a bullish market environment, even if the price drops by 10,000 points, so what? In the end, will it not still rise again and continue to attack upwards? This is the strength of a bull market. Actually, there is no need to analyze technical aspects too much now; as long as you have enough faith in the bulls, your final outcome will not be bad. $BTC $ETH $XRP #超级央行周 #纳斯达克100指数宣布纳入微策略 #币安LaunchpoolVANA