The cryptocurrency world is buzzing! The trade war is cooling down, BTC is skyrocketing, what does the future hold?
Folks, the cryptocurrency world has been extremely lively lately! The intensity of the trade war has decreased, and BTC has directly broken through 95,000! AI concept coins are also experiencing a surge, with new coins repeatedly hitting new highs. This market feels like it's on a rocket, let's quickly take a look at what the future might hold!
A KOL mentioned that if BTC can overcome the current resistance level, reaching 106,000 USD would not be a problem! Why? The US stock market has been booming recently, and Trump has released signals for more relaxed tariffs, while funds in stablecoins are continuously flowing in, which was also mentioned in yesterday's report.
From the current overall liquidation liquidity distribution and trend channel, the bulls seem to have the upper hand. However, the macro environment is somewhat unpredictable, making it hard for both bulls and bears to judge. Nonetheless, the market seems to have bottomed out around 74,500 USD. Now, the US Treasury is implementing a bond repurchase plan, and although it is not as direct as quantitative easing (QE), it essentially provides leverage to treasury bond buyers. The government deficit is increasing, and trillions of new debt are about to flood the market, what does this indicate? Money is still continuously being injected into the market, just in a different form. If you have to wait for traditional QE signals to enter the market, by the time Bitcoin reaches 500,000 USD, you might still be sitting on the sidelines!
There's also big news: the Arizona House of Representatives has passed two key bills in the strategic BTC reserve legislation. One is SB 1025, which allows the state treasury and retirement systems to invest up to 10% of public funds in Bitcoin and other virtual currencies; the other is SB 1373, which authorizes the state treasury to manage a digital asset fund. However, this matter carries more symbolic significance than practical significance. The passage of this bill will be a notable entry in the history of BTC and cryptocurrencies, potentially increasing BTC's asset weight and recognition in the long run. But in the short term, it may not be realistic to expect it to bring in a large number of purchases or to drive the market particularly hot. What new trends do you think will emerge in the future? Let's discuss in the comments!