Bitcoin has been fluctuating sideways for five months since March, and the market performance is worrying. Although the negative news failed to drive the price down, and the positive news failed to drive the price up, the market showed a rare bull market state. It is expected that the bull market may start in September, and the leading currency of Youzhi is expected to start and break out first.
In addition, the following factors may affect the market:
Japan's interest rate cut: may have a ripple effect on the global financial market.
Russia's mining legalization: affects the mining environment of the market.
European and American new ETFs: bring new investment opportunities.
Germany's clearing: may affect market liquidity.
Mentougou's clearing: may have an impact on the market after completion.
Federal Reserve's interest rate cut: may cut interest rates in September, which is expected to be a highlight moment.
