Bitcoin Eagle 🦅 4.22 Accurate Market Analysis
Good morning, brothers. Last night, the U.S. stock market plummeted,
but BTC rose unusually, which is a bit uncommon.
On-chain data shows that over 4,000 BTC flowed out of exchanges.
The accumulation by whales has become increasingly evident.
Why did the U.S. stock market drop significantly again?
Because yesterday, Trump started a crazy tirade,
continuously attacking Federal Reserve Chairman Powell online for not lowering interest rates,
causing panic in the market.
Previously, we also hoped Powell would lower interest rates,
as this would benefit the crypto space.
But with Trump causing chaos like this, if he were to use some means to fire Powell,
then it would actually be a major negative for the crypto space.
This is because it represents a threat to the long-standing independence of the Federal Reserve.
This would disrupt the operation of the global financial system.
Global investors would sell off every American asset they hold,
leading to a crash in the U.S. stock market and bonds.
BTC would also be affected and could plummet (possibly falling before rising).
The reason BTC surged yesterday is still what we mentioned before:
Gold, as the ultimate safe haven, has risen sharply for some time.
However, there are huge profits being taken, and a large number of people are taking loans to buy gold.
This means we are almost at the top.
Whether those who have made money want to take profits,
or those who haven’t made money want to make money,
there will be some attention and funds flowing into BTC.
Despite the positive trend, we must not forget the risks,
such as the breakdown of peace talks between Russia and Ukraine, or Israel attacking Iran, etc.