After so long, the price of Bitcoin has finally returned to above 60,000 yuan. This wave of rise is mainly driven by macroeconomics. Last night, the US released the September consumer confidence index, which created a 4-month high and expected short-term inflation to fall to a 4-year low. If the CPI data the day before yesterday still made the market worry about the problem of inflation stickiness, then last night's confidence index means that the inflation problem has been completely solved, which makes the Fed more confident in cutting interest rates by 50 basis points next week. The forecast given by CME also confirms this. The probability of a 50 basis point rate cut in September has risen to 50%, and without the constraints of inflation, the Fed's ability to cope with recession is also stronger. This is the main reason for the simultaneous rebound of US stocks and the currency market last night.

In addition, it can be seen from the strong income of Bitcoin ETF last night of 263 million US dollars that external funds have full confidence in encryption. Last night, Grayscale GBTC had positive capital inflows. I remember that this is the second time that Bitcoin ETF has been listed since January. The last time GBTC funds flowed in was two months ago. In addition, MicroStrategy even added a large position last night, spending $1.11 billion to buy 18,300 Bitcoins at an average price of 60,408. This shows that in the eyes of institutions, an upward trend has been formed, and the previous risk aversion operation that lasted for nearly a month can be lifted. On Monday, I expect various institutions to continue to enter the market to buy, because BlackRock did not even make a move last night, and the IBIT capital inflow was 0. I believe there will be action on Monday, because tonight and tomorrow night are both closed, so Friday's capital inflow data will guide the market in the next two days. It is expected that Bitcoin will remain stable above 6w.

Hey, guys

Today I will show you how to ambush $BURGER . Buy and wait and you will get 20%

Within two weeks, please stay tuned👏

$CKB is amazing, doubled in a week

Continue planning, waiting for a huge pump next month, don’t know what to buy together👋

$bigtime Seeing that you are all shorting, I have no choice but to close my long orders to relieve you of some pressure🫣

Last week, I arranged $CKB at 0.0074, and now I have a floating profit of 30%. Should I leave? 😎

September will be a good month for arrangement. Historically, the market will rebound in October. The arrangement this month will yield a great harvest next month🥱

Friends who don’t understand can use Didi

On September 18, fomc, the Federal Reserve will start to cut interest rates.

Observe the last similar preventive interest rate cut, July 31, 2019:

The US stock market fell on the same day, fell for 4 consecutive days, stepped back on the 200-day moving average, and then used a month of shocks to bottom out.

At that time, BTC had just fallen from the top of the bull market in 2019, and the correlation coefficient between its trend and the US stock market was very low. After the interest rate cut, it rose for a period of time and rebounded to the second highest.

From 21 to 24 ETFs, the correlation coefficient between currency and macroeconomics is getting higher and higher, and it is difficult to use the trend of 2019 to compare;
This time it is more likely to follow the trend of the US stock market. Before and after the interest rate cut on the 18th, the risk is very high.

If the currency can bottom out in one month after the interest rate cut, it is also a good time to enter the market.

The big one is coming tonight, are you ready?

You must seize this great opportunity! $BTC

🥱

$PEOPLE The market is going up because of the US election

Once the heat is over, it will be time for the dog dealer to crash the market

Don't chase high prices if $OAX goes up

It has a brother, $OOKI , if one of these two coins goes up, the other will go up

If you are interested, you can buy it at the current price of 0.00129.

The weekend market was too dull. Bitcoin trading volume showed signs of a bear market and shrank severely, but we are still confident about the future market. We have tested the bottom twice in the short term. Although there is no obvious support at present, from the perspective of the altcoin market, the altcoin did not continue to fall with Bitcoin. Instead, it maintained a sideways adjustment or a slight upward trend.

As I said before, as long as Bitcoin tests the bottom twice and stabilizes, the altcoin will take off. Focus on the top DeFi!

The password for spending money is pretty good $QUICK is really on the contract

There are only a dozen comments from yesterday to now, which is not very good🥱

Do you want to include ours😎

Does anyone want the internal password? I paid for it.

Free sharing if there are over 100 comments👀

I woke up and took profit directly on $BTC . I admire myself for this operation. Hahaha

Yesterday morning, I saw that the price of Bitcoin was rising, so I just went short and didn’t care about it. I was drinking with friends last night and just set a profit stop. I just woke up and found that the order was gone. I thought it was a stop loss🤣

Are there any friends who want to play together👏

You can take profit now, earn seven times $POPCAT

Why was the post given to me $VIC removed?

$popcat has quadrupled. You can take a portion of the profit by yourself and put the stop loss in the parking space. ⛱️

Feel comfortable now, ready to take off $POPCAT

Directly triple 🤣

Comfortable

Follow my pace more

$popcat has been falling all the way since it went online, and it should be no problem to make a rebound of ten points

I have already opened it for you, and you can wait for my notification to stop profit and stop loss!

Continue to plan, the last chance to get on board⛱️