The interest rate was cut by 50 basis points on November 6. Is it a good time to enter the market now?
First of all, the election plus the interest rate cut are definitely a double positive factor that stimulates the surge in BTC.
If BTC can take advantage of the situation to break through 74,000, it will be no problem to rise to the 100,000 US dollars predicted by BlackRock and Boston Consulting.
At that time, altcoins can also benefit from it, and maybe a bunch of 10x coins will emerge again.
After the interest rate cut, funds must find a safe and profitable place. You see, BTC's spot ETF and option ETF have been passed, isn't this the best place for big funds?
However, although altcoins will rebound, it is a bit difficult to see a general rise like before. So, you have to be picky when entering the market now to see where the big funds are playing. The real general rise or crazy rise may have to wait until after the end of the year.
There are only 25 days left before the interest rate cut. You see, the last time the interest rate was cut on September 19, Bitcoin started to rise on September 7, which was several days ahead of schedule. So, we have to ambush in advance this time, and we can prepare around October 20.
After the interest rate meeting last night, Bitcoin fell to around 60,200 points, which is a good time for us to enter the market. The projects that we led fans to enter on September 8 are now making a lot of money.
This time we have to focus on the layout of public chain projects to prepare for the interest rate cut on November 6.
Don’t know how to layout? Follow me, come to my Zhuye material to find me, I will teach you how to layout step by step
