Tonight's decisive battle! The Fed's bigwigs have a secret talk, and Bitcoin's life hangs on a thread!
Tonight, Bitcoin will face a big test! The two bigwigs of the Federal Reserve, Powell and Bernanke, are going to talk about monetary policy behind closed doors. Once this news comes out, the currency circle is afraid that it will be a mess. At 11 pm Beijing time, the United States will hold this heavyweight meeting.
Speaking of Powell, this guy is a tough guy. Every time he talks about tightening the purse strings, Bitcoin has to shake three times, and it can fall by an average of 20% in 30 days. Last year, he said "The government doesn't play with Bitcoin", which directly caused the price of the currency to drop by 8 billion US dollars. But in March this year, he softened a little and said that the interest rate hike might be slower. Bitcoin immediately became excited and rose by almost half in two weeks.
Bernanke usually seems to be indifferent to cryptocurrencies, but he is holding a big move behind the scenes. A paper he wrote on financial stability has caused a sensation in the academic community.
Next, we have to be careful of three "mines":
The first one is the interest rate mine. If the Fed really wants to keep the high interest rate going, the pledged funds in DeFi may bleed heavily, and 20 billion may be gone.
The second is the regulatory mine. The new head of the SEC said that he would re-establish the cryptocurrency ETF, but I heard that he might add a "Chinese wall". It looks the same on the surface, but it is actually full of traps in secret.
The third is the hacker mine. Today's analysts are like playing with their lives. If the meeting says that interest rates will continue to rise sharply, they have to run quickly to hold on to the lifeblood of $34,000; if it says that inflation can be controlled, they have to increase their efforts and aim directly at the historical peak of $42,000.
After tonight, some people may laugh so hard that their mouths can't close, and count money until their hands cramp; but more people may cry and wipe their tears.
The cottage season is coming, and Kirin has carefully selected several currencies with a hundred-fold potential for hardcore fans. Please continue to pay attention and capture the next wealth growth point together! Follow Kirin! Continue to eat meat and continue to make profits!!
