$BTC In fact, last week, capital was holding on to lure more investors. From 62,300 on the 23rd to the highest point of 66,500, it rose by 4,200 points.
Only people with leek thinking will be bullish.
The purpose is obvious. If the US economy is so good as the US stock market reacts, there is no need to cut interest rates. The interest rate cut has led to the recovery of the global economy, especially for my country's economy, and the US hegemony has been affected. The reason why the US compromised and cut interest rates is that its own economy is weakening. If it does not cut interest rates, it will have problems.
In addition, the surge in the copycat market has also increased the probability of a sharp drop in BTC. If you saw the post about the copycat yesterday and chose to exit the spot profit, I like you [good]
Yesterday, some garbage copycats surged. This situation usually voices a downward trend between the mainstream and the copycats, and the garbage currency dog dealers have the opportunity to cut the remaining leeks and drink some soup.
This is the market. Don't trust the information too much. Macroeconomic theory doesn't work in the currency circle. I actually knew that it was inevitable to fall at 61,300 points. The U.S. stock market rose despite the interest rate cut. It can only mean that the face of the Americans and their confidence in the stockholders must be strong for a few days to prevent market panic, capital withdrawal and stockholder selling. This is a delaying tactic. The U.S. stock market will go down in the later period, but the amplitude should not be large, and the Americans will not allow it to collapse.
Another point that must be reminded is that the rise of the A-share market is also a manifestation of the weak outlook of the U.S. economy. After all, it is a fact that the Americans are targeting my country's economy, but in the end, it appeared in this situation, which is also a slap in the face.
Well, in fact, the currency circle must not be radical. Only with technology and advanced awareness can you go far. Don't care about the gains and losses in front of you. Be long-term. It only rose by 4,200 in a week, and fell by nearly 2,000 points on Monday.
Pay attention to this week's non-agricultural data, which is an important turning point. Either it will continue to fall sharply or turn back, before that the market needs to reach 56500.