When will the bull market in the cryptocurrency market, which everyone is very concerned about, come? Why hasn't it risen yet?

First of all, let me tell you a fact, that is, the bull market has been slowly starting, starting from the 49,000 turning point that I predicted to buy the bottom. The world is flooding the market, so why is it not soaring like the last bull market? This is because the pace of flooding at that time is different from that of now.

In 2020, in order to resist the impact of the epidemic, the Federal Reserve cut interest rates by 150 basis points in just one month. Other countries in the world also released money very quickly, which led to the explosive growth of the price of Bitcoin. In half a year, it rose to 65,000, which is close to the peak of the cycle, with an increase of 18 times. In the late 2021, because there was no continuous flooding, Bitcoin was 69,000 by the end of 2021, which is actually similar to 65,000 in April, forming a double top.

In this round of cycle, the flooding is slow, and the interest rate will be gradually reduced by 200 basis points in the next six months, instead of being reduced to the bottom in one month like the 2020 epidemic. So this round of bull market is more like 2017, it will continue to rise, and the rise in 2017 lasted for a full year and a half. So the reason why the currency circle did not rise from March to September this year is that the Federal Reserve has not cut interest rates, resulting in no additional incremental funds in the market, which has triggered the sideways trend of the currency circle for half a year.

But now the United States, China, Europe and other major economies except Japan are slowly moving towards quantitative easing, which will only make more and more money in the market. In addition, the approval of Bitcoin ETFs has opened the door for institutions, so the bull market has been brewing imperceptibly, and what you have to do now is to hold your coins and make friends with time, and you will naturally have 3 to 10 times the harvest next year.

As for the short-term explosion point, it was still in early November when Trump won the election. The currency circle really needed this stimulus. At that time, Bitcoin directly broke through the previous high, bursting 20% ​​on the same day, and then fluctuated upward, reaching 100,000 US dollars by the end of the year. Are you all on board, waiting for the main rising wave of the bull market to come? $PROS $VITE $OAX #SCR新币挖矿开始！ #6万保卫战 #币安LaunchpoolSCR #CPI&PPI来袭，美国通胀升还降？ #特朗普当选概率上升