#BTC It is very likely that Bitcoin will not fall back significantly in the future, and it is very likely that it will hit a record high without realizing it! A new blonde era has quietly arrived! Bitcoin will eventually become the reserve asset of major central banks around the world, hitting 1 million US dollars per coin! The underlying logic analysis behind it is as follows ① The U.S. SEC passed the Bitcoin ETF ② U.S. President Biden released laser eyes on the media platform a few days ago to cater to the Millennials to cooperate with their votes! ③The U.S. Treasury Department needs more stablecoin issuers like Tether to purchase U.S. Treasury bonds (Tether is currently one of the top ten institutions in the world that purchases U.S. Treasury bonds). Therefore, from the current perspective, both the political, business and judicial circles in the United States uniformly support Bitcoin! What's more important is that Bitcoin can currently effectively solve the two major problems currently existing in the United States! The first is the issue of purchasing U.S. Treasury bonds, and the second is to control high inflation without harming the development of the U.S. economy so that the economy can enter the blond era (high development, low inflation, and low interest rates are called the blond era). However, Bitcoin solves this problem. The crux of the matter! The first point has been mentioned above, and the second point is that today’s high interest rates will inevitably bring pressure to the economy, and high financing costs will inevitably bring pressure to clear debts! But if the investment return becomes higher than the financing cost or far higher than the financing cost, then the so-called high interest rate is not worth mentioning in the face of high return! Normally, traditional derivatives such as stock markets, futures and bond markets cannot be separated from the development of the real economy. However, Bitcoin can naturally be separated from the real economy because of its value storage attribute and its constant issuance and scarcity attribute, which will naturally allow it to play a huge role. The power! The return on capital of Bitcoin in the United States in a high interest rate environment is 300% in 2023, and at least 400% in 2024 (the halving of Bitcoin supply reduces the demand for ETFs and the price surge is an inevitable rule). This is the United States in a high interest rate environment. The fundamental reason why the economy is still booming! If the Federal Reserve does not cut interest rates in 2024 or is in no hurry to do so, as long as it maintains a high interest rate environment, Bitcoin will rise higher, which will be more conducive to the United States and the hegemony of the US dollar! When the dollar becomes stronger, the inflation tiger will eventually surrender to the Fed, and inflation will eventually go down!The Federal Reserve will follow suit and lower interest rates, and the economy will still develop at a high speed and move towards a new blond era.
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