August is destined to be an extraordinary month and the month with the greatest risks. In particular, we need to pay attention to whether the United States can control the initial risks of the economic crisis. Controlling the initial risks will mean a good economic outlook, while failure to control them may lead to disastrous consequences, such as the collapse of the real estate, stock and currency markets. These situations will appear in the next two months.
We have experienced a crisis in which Silicon Valley Bank exploded in March 23. The Federal Reserve urgently invested 300 billion US dollars to rescue the market, successfully plugged the hole, prevented the further deterioration of the crisis, and saved the financial market, and the market eventually prospered again.
In this process, the price of Bitcoin also experienced fluctuations from 25,200 to 19,600 and then soared to 30,000 after successfully controlling the rescue. Therefore, we need to pay close attention to changes in US economic policies and their impact on the global economic landscape. $BTC $ETH