The currency circle is flooding with money, why is Bitcoin rebelling and going down? Instead of continuing upward?
The currency circle is flooding with money, why is BTC standing still!
A few points I think:
1. Market expectations have been digested. Before the global central bank announced the release of money, the market had already anticipated this policy!
2. Investors lack confidence. Investors remain cautious about the current economic situation and market prospects, and prefer to hold cash and traditional assets.
3. There is a lack of new narratives. For example, there were defl, metaverse nft, and inscriptions that rose sharply before. Now there are almost no memorable ones.
4. The Middle East war problem has led to the intensification of the Israeli-Palestinian conflict. The market's concerns about the war have led to a decline in the US dollar, and the big cake has also fallen!
5. Powell is not in a hurry to cut interest rates. With the help of Iran and Israel, gold will rise for a reason, and the big cake will inevitably fall!
At present, I have locked in a potential dark horse coin that is about to soar. Doubling is just an easy jump! The bigger goal is to carefully select a batch of potential coins that are expected to explode before the end of the year. I will announce the specific big moves later. Click on the avatar to follow me and share directly!
