Tell you the next good news! Recharge your faith!
The bull market is still going on, and the spring of altcoins will come soon!
1️⃣ In May, Bitcoin's L2 network Stacks will have a "Nakamoto" upgrade, which is a big signal of Bitcoin's technological progress
2️⃣ The Ethereum spot ETF that everyone is watching may be approved in May, which will definitely make Ethereum more prestigious and influential.
3️⃣ In November, the US presidential election will set off a wave of vote-gathering in the crypto field. That candidate Kennedy said that if he was elected, he would invest the entire US budget in blockchain, which is simply a big pie for the future of cryptocurrency!
4️⃣ The Federal Reserve may cut interest rates twice this year, which will undoubtedly allow more traditional funds to flow into the currency circle and give the crypto market a boost.
Speaking of the Federal Reserve's interest rate cut, we don't have to worry too much. There are still several months before the end of the year, and no one can say how many times the interest rate will be cut. However, Rick Rieder, the boss of BlackRock, thinks that the Fed may cut interest rates twice this year. He thinks that inflation is slowing down, and bond investors can take a breath. BlackRock has adjusted its strategy and is ready for long-term layout.
Originally, everyone guessed that there would be three interest rate cuts this year, but the core CPI in the United States was a bit high last month, and inflationary pressure has not subsided, so the interest rate cut may be a month later. However, Rieder still insists that there will be one or two interest rate cuts this year, and it may start in September. With so much good news, the Bitcoin bull market will definitely go further and more stable!
Brothers, don't get washed out! The big players are buying, buying, buying, so don't sell easily. The ETFs in Hong Kong, China have all been passed, and anything can happen in the future. Now the technical indicators can't see anything, it's just sideways and fluctuating, and the altcoins are also rising and falling. But the current price is really good, you can start appropriately, this price is simply too beautiful!
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