Russia will pay China for war supplies with cryptocurrency. Currently, in international trade between Russia and El Salvador, both parties have been using Bitcoin for payment. Russia is also preparing to promote this case to other partner countries. In the long run, it is only a matter of time before China lifts the ban on Bitcoin. However, after the ban is lifted, the big aunts will enter the market, and we probably won’t have much to do with it then.

Gold has been setting new highs recently, and its current market value has exceeded 17.4 trillion US dollars, while Bitcoin's market value has shrunk to 1.19 trillion. Bitcoin needs to increase 14.6 times, that is, the BTC price needs to reach 880,000 US dollars, before the market value of Bitcoin can surpass gold and become the world's number one asset. Obviously, this round of bull market is impossible, and at least the next round of bull market is needed to achieve hope.

Prediction: The Fed will cut interest rates by 25 basis points tonight, and Bitcoin will rise to more than 62,000. Who agrees and who disagrees? #比特币

A whale has been frantically buying the bottom recently. From September 6th to today, it has bought more than 20,000 bitcoins, worth more than 1.2 billion. After all, there is a major positive expectation of the Fed's interest rate cut. Every bitcoin squat is an opportunity to get on the spot.

I wish you all a happy Mid-Autumn Festival. The blessings are all in the pictures.

Current data shows that the probability of the Fed cutting interest rates by 50 basis points tomorrow night is as high as 67%. With this major positive expectation, the big cake market has started tonight, and it is expected to hit the previous high of 61,000 pressure level tomorrow and the day after tomorrow. The night is over and the day is bright, and the dawn is coming soon.

In the past 13 years, only in 2014/2018/2022, the yield of Bitcoin was lower than that of gold, US bonds and other products. In other years, it was a standout and left other products far behind. Even this year, Bitcoin performed generally, but its return on investment far exceeded that of gold. It can be seen that Bitcoin is the real hot commodity.

Once the Fed cuts interest rates, will Bitcoin immediately surge?

Not necessarily. First, the market will have a reaction period to the interest rate cut. Second, it takes time for traditional funds to flow into the cryptocurrency circle. However, looking back at the past few months before and after the Fed cut interest rates, gold, silver and Bitcoin have all seen a rise of more than half a year.

Recently, smart money has been buying Bitcoin at the bottom, and the amount of purchases has exceeded other months this year. It can be seen that smart money players are more optimistic about the subsequent market. After all, next
1. The Federal Reserve is about to cut interest rates
2. CZ will be released from prison on the 29th of this month
3. The US presidential election in November

The fourth quarter is also the quarter with the highest return rate of Bitcoin in the whole year, so buying Bitcoin at the bottom of more than 50,000 in batches is a very wise choice

The $700 million raised by MicroStrategy in private placement can be converted into preferred notes. After it issues and sells these notes, there will be more funds to buy the bottom of Bitcoin. This year, MicroStrategy has bought the bottom of Bitcoin four times, and it may buy the bottom for the fifth time next. In the fourth quarter, the crypto market is expected to pick up.

Judging from the current liquidation map, if Bitcoin can rise to more than 65,000 in the short term, it will explode the US$2 billion air force; if it falls below 52,000, it will explode more than 1.1 billion troops. Many people think that the Fed’s interest rate cut this week is bad news, so they are frantically shorting Bitcoin. Often at this time, the dealer likes to use the name of data to insert needles up and down, and harvest back and forth. This week’s market will definitely fluctuate greatly

MicroStrategy bought Bitcoin at four prices this year
At 68,000, it bought $821 million
At 67,000, it bought $623 million
At 65,000, it bought $786 million
At 60,000, it bought $1.11 billion

Buy more as the price drops, buy at the bottom in batches, and then hold on, you can outperform 90% of the market players

Tether has just issued an additional $1 billion on the Ethereum chain. With new funds entering the market and the Fed’s interest rate cut this week, big moves are coming.

On the morning of July 14, Trump suffered his first assassination attempt. On that day, BTC rose by 2%, breaking the $60,000 mark, and rose by 6% again the next day, rising to around $65,000.

Today, Trump suffered his second assassination attempt. How much will Bitcoin rise?

Trump was shot again, but failed. It seems that the Democratic Party is still very afraid of Trump's election. They will not stop until he is killed. There will probably be a third and fourth assassination attempt later. This shows that the probability of Trump being elected in this US presidential election is even greater.

Yesterday, a whale bought 1,062 bitcoins, worth more than $63 million. The price of bitcoins is relatively cheap recently, so it is a wise choice to increase the position of bitcoins at this time.

There are still 3 days until the next Fed meeting, and a big surge is coming next week