Maybe the next factor that causes BTC to plummet is the US economic crisis? The interest rates of long-term and short-term US Treasury bonds have been inverted for a long time, and the interest rate hike has continued for 8 months without further operations. All signs show that the US economy is going to have problems, and they are big problems.

If the US government insists on not lowering interest rates, the bulk of its expenditure will be interest, and the US people's major consumption will also be affected, and they dare not take out loans to buy cars and houses.

However, once the interest rate is lowered, it is equivalent to admitting failure in the fight against inflation. The United States will fall into a stage of economic stagflation and even cause a great depression.

Come on Baby 7W short Bitcoin steadily