The Fed cut interest rates in September. Will Bitcoin take off next month?
"Buy at the bottom, sell at the carnival." This is true.
From mid-March to now, five months have passed, and the market has been tossing back and forth like a roller coaster. We have endured for so long, and it doesn't matter if we have another month or two, just keep on gritting our teeth and holding on!
Look at the price again, it has fallen to the floor, and it can't fall any further. Now it is almost the same as the cost price of mining, which is obviously the bottom area. Institutions, miners, retail investors, everyone is having a hard time.
But don't panic, the currency circle is not short of newcomers now, but of big rising markets. Once those altcoins increase several times or dozens of times, and the money-making effect comes together, won't people outside squeeze in?
People are like this, the more things rise, the more they want to buy, even if the price soars, there will still be a steady stream of people taking over. On the contrary, if the price does not move, everyone will disperse when they see that there is no profit.
Therefore, we have to do the opposite. When the market is quiet, we will quietly make arrangements, and when the market is hot, we will withdraw quickly.
Speaking of the Fed's interest rate cut, there is still a month before the meeting on September 17. During this period, the K-line wants to rise sharply? Difficult! Instead, it may bottom out again.
Institutional investors are not moving at this time. They are smart and have to wait until the meeting is about to start before taking action, and pull up the price in line with the direction of the meeting.
Therefore, the next market may still pull back or shake first, and then start to rise when it reaches a relatively low point.
This is like a child waiting for candy. He knows that there will be candy on September 17, and he is excited for a month. But the closer it gets to that day, the more anxious he is, and he can't wait to eat it in his mouth. But as soon as the candy enters his mouth, the energy is gone.
The market is the same. It is lively before the meeting, and it may be as calm as water after the meeting. Let's wait patiently and seize the opportunity to take action!
As the saying goes, the tide goes out, and only then can we know who is swimming naked. And every time there is a big drop, we often need to find the strong and strong currency in the market. The target that the God of War has been researching for a long time will start to start soon. This is a blessing for fans. It is expected to explode by 60% in the short term. Follow me and follow the department to see my personal page to get married
