When will the bull market start, and why is the market so weak? ? ?
The bull market has actually started quietly, and the world is gradually releasing money! So, why is it not rising sharply like the last bull market?
The reason is that the rhythm of this release is different:
In 2020, in response to the impact of the epidemic, the Federal Reserve cut interest rates by 150 basis points within a month, and countries around the world quickly followed suit. This brought about an explosive rise in Bitcoin, which rose to $65,000 in half a year, an increase of 20 times. After that, because the release of money stopped, Bitcoin only rose slightly to $69,000 at the end of the year, basically the same as the high point in April.
This round of cycle is a slow release of money, and it is expected to cut interest rates by 200 basis points in the next six months, rather than falling to the bottom as quickly as in 2020.
Therefore, this round of bull market is more like 2017, and it will be a process of continuous rise, which rose for a full year and a half. The currency circle did not rise from March to September this year because the Federal Reserve has not cut interest rates yet, and the market lacks incremental funds, resulting in sideways trading.
But now, major economies such as the United States, China, and Europe, except Japan, are gradually moving towards quantitative easing, and with the approval of Bitcoin ETF, a bull market is brewing. All you need to do is hold your coins and wait patiently. There may be a 3 to 10 times return next year.
In the short term, if Trump takes office in early November, it may become a market explosion point. The currency circle only needs this stimulus. Bitcoin is expected to break through the previous high and directly increase by 20%, reaching $100,000 by the end of the year.
This is the prediction of most group members. Don't blame me if it is right or wrong?
