The night before the major breakout, Bitcoin is stuck at 94K, and this Wednesday three nuclear-level events will ignite the crypto world! #美联储FOMC会议
Turtle's Viewpoint: Bitcoin (BTC) is oscillating between 94K-95K this week, appearing steady on the surface, but in reality, the undercurrents are surging! Brothers, fasten your seatbelts, these three 'nuclear bombs' could break through the ceiling at any moment.
1. U.S. Treasury is holding back big moves: National Strategic Currency Reserve Plan
The U.S. Treasury has been working on the Bitcoin strategic reserve report for two months, which must be submitted today (May 6)!
In March, the knowledgeable one mentioned using seized Bitcoin for national reserves, and now the whole world is watching this report—once the U.S. takes the lead, other countries will follow suit and buy in bulk, and Bitcoin will soar!
Look at the on-chain data: last week, 42,000 BTC flowed out of exchanges, with whales already laying low in advance.
BlackRock's IBIT absorbed 1 billion dollars in a single day; institutions understand: national entry = epic FOMO!
2. Is the Federal Reserve backing down? Interest rates remain unchanged, rate cut expectations are 'dove killed.'
The U.S. GDP shrank by 0.3% in the first quarter, the knowledgeable one shifts the blame to the previous administration, but the Federal Reserve is likely to back down this week—interest rates stubbornly hold at 4.25%!
CME data predicts the probability of a rate cut plummets to 7%; if Powell speaks hawkishly again, both the U.S. stock market and the crypto market will tremble.
But don’t panic! Bitcoin's anti-inflation properties are fully engaged, with an annual inflation rate of 1.7% beating the dollar's 3.1%.
Grayscale's GBTC has attracted 4.2 billion dollars this year; institutions have already treated BTC as 'digital gold' to hedge against stagflation!
Follow Turtle, penetrate the K-line fog, and let the night before the breakout help you position early!
Conclusion: Bull markets often experience sharp drops, while bear markets often see sharp rises, but with national endorsement + institutional lock-up scripts, only trust Bitcoin by 2025!