Major good news? ! Major good news? ! !
Every day, there is good news, $BTC has not broken 60. 65, 70 are even further away! ! ! I believe everyone knows what happened. Powell hinted at a 50 basis point rate cut? Yesterday, Powell held a closed-door meeting with CEOs of major US banks to avoid a legal battle over the capital reform plan. Then everyone started shouting that the big news is coming, the good news is coming, and the bull market is coming🙃
After the last US CPI data was released, traders lowered the Fed's expectations for rate cuts. The Fed is now delaying the expectations of rate cuts and saying that it depends on the data. Now CPI has dropped below 3%, and there is still 0.9 points away from 2%. But traders have lowered the Fed's expectations for rate cuts. What is going on? ! It seems that the conspiracy is still in the upper hand. Before the results of the US election are out, Powell will not cut interest rates. Unless he doesn't want a future, Powell will not dare to cut interest rates.
Although this wave will attract a large inflow of funds and the price of the currency may rise temporarily, this rise will not last long before the definite interest rate cut is issued. You can also make arrangements in advance, but don't chase high prices, don't chase high prices!
In addition, you can take a look at $CARV
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