This round of Bitcoin, which was pulled up by the ETF news, is completely passive benefit.

As mentioned in the previous article, the real pull-up of Bitcoin, breaking through 80,000 or even higher, is likely to be due to the interest rate cut news.

However, some news in the past two days is actually bad for Bitcoin.

Due to the recent FOMC meeting and the statements of some Fed officials, the expectation of interest rate cuts has slowed down. It is expected that two interest rate cuts will be postponed from September to December.

Affected by the news, not only Bitcoin has fallen from 71,000 to a minimum of 67,000, but also the trend of gold and US stocks.

Will it be very bad?

Not really, the bottom of the bull market is likely to be higher and higher. Exchange qun+V: WG65825 If Bitcoin falls back to around 63,000 this time, you can start to lay out again. #BTC走势分析 #BTC