Why is an epic bull market about to begin?

At present, the price of Bitcoin has regained its foothold at 70,000 U.S. dollars. It has ushered in an important moment in the process of impacting 7.30,000 U.S. dollars. That is, tonight’s two super data, unemployment rate and non-agricultural employment population, are bullish. It is destined to face huge fluctuations.

In fact, it is not difficult to see from the figure that the BTC price has completely escaped the shackles of search traffic in this bull market. The current price is actually near the historical high, but the search volume has shown a significant downward trend.

Although Bitcoin is becoming known to everyone, the simple fact is that after a certain level of awareness, the price of the currency is no longer affected by information dissemination. Therefore, this is destined to be a bull market driven by institutions. We may still be in the early to middle stages of this process, but there is less and less time left for us to make plans.

In the current expectations of interest rate cuts, we can see that although the market has been consolidating for more than two months, the price has never fallen below 60,000 US dollars. It just pulled back quickly when the pin was inserted. It can be said that the short-term adjustment after the halving has ended, and the next step is to see whether the unilateral trend can run to new highs and higher points. $BTC $ETH $BNB #山寨季何时到来?