After the shock market ends, the market will face a directional breakthrough. Whether the interest rate is cut in September will determine whether the bull market starts. If the interest rate is cut in September, the risk market will start, and the subsequent water release policy will only accelerate the outbreak of the market. Therefore, the key lies in whether the interest rate cut in September is implemented. If the interest rate cut comes as expected, and there is no sign of recession in the economy, the market will directly skip the recession stage and enter the recovery period. Even if the interest rate drops to a neutral level or stops further reduction in the future, it will be difficult to stop the market's enthusiasm.
As a highly volatile asset, Bitcoin may be ignored when the market is cold, but once the market picks up, Bitcoin's upside potential will be as strong as a tsunami. In the entire risk market, there are almost no other assets that have more investment potential than Bitcoin. As September approaches, inflation has fallen to the 2% range. Even if short-term data may fluctuate, it is only a matter of time before inflation goes down. Current data shows that the risk of recession is not obvious, so a rate cut is almost inevitable at this time.
Even if the interest rate is not cut in September, a rate cut in November or December is just a natural result. The market reaction may appear in advance. It is almost inevitable that Bitcoin will break through $100,000 and altcoins will surge. At this stage, the most important thing is to choose the right track. Compared with the choice of a single currency, choosing the right track will be more conducive to seizing opportunities in this wave of market.
