There are three different views on the trend of BTC now:
1. It is now in the middle of the bull market, and the main rising wave will come after the halving, but it may peak and start to plummet within 3 months, and may eventually enter a long bear market at the end of the year.
2. It is believed that it is still in the monkey market, and the previous rise is just a rebound, and the real starting point of the bull market has not yet begun.
3. It is expected that the peak of the bull market will appear next year, and BTC may rise to 200,000 or 300,000 US dollars.
However, after the halving, it may experience a 3-4 month shock zone, causing the altcoin to suffer a heavy blow.
Personally, I prefer the first option and believe that the main rising wave will come in the next three months.
Although the interest rate cut may have an impact on the market, it is not a decisive factor, because the interest rate cut is limited, and it can only be reduced to about 3% at most. In this case, many people will still choose to deposit their funds in the bank.
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