$BTC The monthly line level has double tops, why are you still bullish?

Let's re-examine #BTC☀ from a more macro perspective, see Figure 1. Since the earliest data in 2015, the price of Bitcoin has been above the rising trend line. From the K-line pattern, there is indeed a double top pattern. Next, I will talk about the reasons for being bullish. See Figure 2, position 1 is the black swan event of 519, and then position 2 is the time when the Fed announced the taper. The downward process from 2 to 3 is the entire interest rate hike cycle, until now. 3 is the expected end of the interest rate hike cycle, and the market has cleaned up all negative events, so a huge amount was released at 3. Position 4 is the time when #BTCETF started.

Combine the time nodes of the above 4 important events with the chart and think carefully. What will be your answer? 😘#杰克逊霍尔年会 If the Fed announces a rate cut at #美联储何时降息？ , then the rate cut cycle will be officially opened. A rate cut does not mean there will be no correction, but 70,000 is definitely not the ceiling😍