BlackRock officially recommends that 2% of funds be allocated to Bitcoin. The total global asset amount is now $90 trillion. If a 2% asset allocation becomes consensus, then the valuation of BTC could exceed gold, reaching $18 trillion. This is equivalent to a price of $900,000. The Federal Reserve has clearly indicated that if the Trump administration's policies trigger inflationary pressures, the Fed will slow down the pace of tightening policies and may even raise interest rates in certain cases. This means that the timing and extent of rate cuts depend on the implementation progress of Trump's restrictive policies, but the economic impact of these policies may also be delayed. Therefore, even though the Fed is currently hawkish, it may later turn dovish. Just like in 2018, the Fed had predicted further rate hikes but ultimately chose to cut rates when economic activity slowed down. BTC has dropped below $100,000 and is currently in a volatile correction phase. The media has begun to hype Trump's BTC national reserve plan again. El Salvador loans to buy BTC, and it can be said that the big players do not want BTC to crash immediately or turn bearish. In financial trading, it's a close contest; either you lose or I win. Before the price rises, news comes first. A downturn with favorable news is meant to stabilize the coin price and the fragile hearts of retail investors. It is certain that with Trump in office, BTC should soar, even having the opportunity to break past its previous high. This month is about everyone slowly bottoming out, enduring through these dark, non-volatile garbage times. Remember, only focus on mainstream altcoins, and do not bottom out on junk meme coins, except for Doge, Shib, and Pepe. Put the others aside for now. Don't be afraid; the bull market hasn't left yet. The second half is just beginning.
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