Before the May Day holiday, Xiao Miao reminded that the Americans would write something during the holiday!
Judging from the market situation in the past few days, it is true:
As soon as the US employment data was released, the price of Bitcoin rose directly, which shows that the monetary policy of the Federal Reserve directly affects the future trend of Bitcoin.
From these data, it can be preliminarily concluded that the Federal Reserve is unlikely to consider raising interest rates again. The biggest possibility is to maintain the current interest rate and wait for the inflation rate to fall back and then quickly cut interest rates.
Next, we need to clarify the future trend. Unless the Fed's interest rate cut is nearing the end, or the price of Bitcoin reaches a level that triggers extreme panic buying, we should firmly believe that the bull market is not over yet.
And this wave is obvious, the altcoin season is coming! The decline of Bitcoin this time has basically decoupled from other altcoins.
