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ACE HABUYS
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BTC
has a slight rebound to 60k after falling sharply a few days ago. Is this a second sharp decline?
$BTC
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BTC
99,105.4
+2.33%
711
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In my opinion, cutting interest rates is a difficult thing. Looking at the media level, it seems like everyone will see news reports like Powell will be fired when Trump is elected in November 2024. However, remember: Current Fed Chairman Jerome Powell was nominated by former President Donald Trump. Why do you need to know this information? Because the FED continues to keep interest rates without cutting them, it means that the Dollar will continue to be attracted to the FED with high interest rates through commercial banks, so cash flow for production and business will be WEAK. This is most likely a political game to bring Trump back to the White House. * The West does not like Mr. Trump, the ECB seems to be determined to cut interest rates to put pressure on the FED in part so that the FED will also cut. If the FED cuts interest rates, the economy will improve and if the US economy goes down Biden will lose votes. But we're seeing this: Powell was nominated by Trump. So the Fed's current interest rate cut is not really very positive And what will happen at 1:00 a.m. tomorrow, May 2, 2024 #btc #ETH #Write2Erarn
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What will BTC be like in the near future??? That's something no one knows in advance, but according to my personal opinion, BTC will sweep liquidity in the 50k and even 40k areas, so please be careful in the near future.$BTC #write2earn🌐💹
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🔥🔥🔥Bitcoin etf spot has been approved in Hong Kong, guys 🌴However, 6 large public funds recorded a very low trading volume of just over 6 million dollars 🌴So currently, you can see that Hong Kong bitcoin etf spot does not have much positive impact on the price of bitcoin. 🌴Even after approval, bitcoin price decreased from 64,700 to 60,600$BTC
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Will BTC go below 59k???$BTC
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