After testing BTC to 57000 after the decline and then testing 54500, it gradually stabilizes and returns to rise. The rise can be considered from these aspects: Firstly, the echoes of the favored information to reduce interest rates have been increasing recently, and it is possible to cut interest rates several times during the year, which will enhance the positive impact on stock and cryptocurrency markets. Secondly, the future change in the position of the US government is expected, and it is expected to provide more supportive policies and regulatory frameworks, which can provide a good political environment for major currencies like BTC. From a technical perspective, some of the loose money has been removed from the market during the period of severe market turbulence in the previous period, providing sufficient energy for subsequent pump accumulation. Therefore, it is certain that the bull market has not officially started yet, and time is the only thing left for us to plan immediately!
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After testing BTC to 57000 after the decline and then testing 54500, it gradually stabilizes and returns to rise. The rise can be considered from these aspects: Firstly, the echoes of the favored information to reduce interest rates have been increasing recently, and it is possible to cut interest rates several times during the year, which will enhance the positive impact on stock and cryptocurrency markets. Secondly, the future change in the position of the US government is expected, and it is expected to provide more supportive policies and regulatory frameworks, which can provide a good political environment for major currencies like BTC. From a technical perspective, some of the loose money has been removed from the market during the period of severe market turbulence in the previous period, providing sufficient energy for subsequent pump accumulation. Therefore, it is certain that the bull market has not officially started yet, and time is the only thing left for us to plan immediately!