Cultural attributes determine the final path of development for things! The essence of this U.S. election is the confrontation between old and new forces. Faced with the old Bretton Woods system, last month’s BRICS meeting in Russia has already declared war on the dollar. The recent rise in gold prices is also a counterattack against the old dollar system. Currently, the U.S. debt system is uncontrollable, and the dollar circulation system is close to collapse; it will either implode or undergo a self-revolution. Wall Street in the U.S. is hoping that Bitcoin can create a new path to alleviate the collapse of the dollar hegemony system, and this important historical mission falls on Trump. If it succeeds, it might be worth a try; if not, he can only be labeled as a madman. This reflects the underlying interests of the deep state in the U.S. Everything must be seen through the phenomenon to understand the essence, so that we are not led by appearances! As for who will win the election, only God Trump can take on the heavy responsibility!
[Level 1 Warning [Firecrackers]] When checking the internal financial data of the United States today, I suddenly found that the core financial data of the United States suddenly soared to the highest level in history! The current liquidity shortage in the US financial market is not only at the level of angina pectoris, but also close to myocardial infarction! It is not ruled out that the Federal Reserve will urgently suspend the reduction of its balance sheet! Following the emergency notice issued on October 1, the risk level continues to increase this time. I hope that friends who invest in overseas assets will take risk avoidance measures in advance!
The easing cycle of the world's four major central banks has officially begun! Recently, major central banks around the world have been competing for liquidity. The Fed's interest rate cut cycle + China's monetary easing cycle + the Bank of Japan's suspension of interest rate hikes have resonated. What surprises will the capital market bring us in the fourth quarter? ! Let's wait and see!
The Fed's interest rate cut cycle + China's monetary policy easing cycle + the Bank of Japan's suspension of interest rate hikes have brought sufficient liquidity to the global capital market. At present, the most critical thing for Bitcoin is to define whether it is a risky asset, a safe-haven asset, or a reserve asset! Whoever can clearly define it will be able to grasp the next wave of explosive growth!
"Turn left and turn right" is undoubtedly the best interpretation of the Fed's June monetary policy meeting! Leave the market to the data, let the market follow the rhythm of the data, and remove the forward-looking guidance for the future! The Fed is a bit abnormal this time! However, there must be something wrong when things are abnormal! In the end, no one can escape the law of the market! Next, let us welcome the rhythm of the Fed's data decision-making model and move towards the era of global monetary easing together!
From the current point of view, this round of Bitcoin pullback is a reaction to yesterday's non-agricultural data that exceeded expectations. Interest rate futures adjusted the Fed's expectations for a rate cut in July and postponed it to September! Next, the market's focus will be on the CPI and the Fed's interest rate decision meeting next week on June 12! As long as the CPI drops as expected and the Fed continues to maintain a dovish statement! The market will continue to maintain a bullish trend! If the CPI exceeds expectations and Powell releases hawkish remarks at the interest rate decision meeting, the market will be further under pressure! Those who hold spot can still continue to hold. Don't miss out on chips because of a temporary market correction. Wait patiently for the release of important data next week! Once the situation is unfavorable, you can release and reduce your position to take profits! Put your money in the bag and wait for a good opportunity!
If the Federal Reserve starts a preventive interest rate cut in advance like the European Central Bank, it will prompt Bitcoin to enter an epic bull market!
Following the Swiss National Bank’s interest rate cut yesterday, the Bank of Canada also began to cut interest rates. Today, the European Central Bank will also start to cut interest rates. Unknowingly, central banks around the world have begun to cut interest rates! So what is the relationship between the world’s major central banks starting to cut interest rates and the cryptocurrency circle? What is the connection? What impact will it have on Bitcoin? I think this is what everyone is most interested in, so I will analyze it in detail for you! The first thing we need to make clear about the ECB's interest rate cut is what are the prerequisites for their interest rate cut? If the ECB or the Fed is forced to cut interest rates because of an economic crisis or problems in the financial system, then this is extremely unfavorable for the financial market. If it is a preventive interest rate cut to cope with economic fatigue, then this is undoubtedly good for the financial market! Judging from the current major European stock markets, it is obvious that the stock market is encouraged by the ECB's interest rate cut and is advancing rapidly! Because of the interest rate cut, a large amount of capital will flow into banks, resulting in an increase in bank reserves to alleviate the problem of insufficient bank reserves due to the previous interest rate hike stage. Once the bank's balance sheet is repaired, the bank will have more money, so it can provide more funds to the market. The high interest rate maintained before has led to high capital costs, and now the interest rate cut has reduced the cost of borrowing funds. Next, with the start of the interest rate cut cycle, the cost of borrowing funds will gradually decrease. It is precisely because of this expectation that everyone will take out the money deposited in the bank to invest in the market, because the bank interest rate will gradually become lower, it is better to invest in other assets to obtain higher returns. Therefore, under normal circumstances, as long as the interest rate cut mode is started under the premise of a relatively healthy economy, it will be good for risky assets. In this way, after the interest rate cut, the bank will have more money, and they will also use the money to invest in relatively high-quality assets to obtain better returns. This is a huge benefit for Bitcoin and will further boost the price of Bitcoin assets!
Japan's blitzkrieg against the US stock market was the first shot in the armed resistance against the hegemony of the US dollar. The sudden collapse of the US stock market was said to be a technical failure on the surface. The deep-seated reason was that Japan suddenly attacked the US stock market, causing the US stock market to collapse suddenly. A large number of US dollars were exchanged to buy Japanese yen. In the environment where the United States has maintained high interest rates, the Japanese yen has depreciated all the way and is almost at the critical point of collapse. Just this week, when various US economic data were weakening, Japan seized this opportunity to start a large-scale sale of US stocks and exchange Japanese yen to save its exchange rate! This fully illustrates a signal that Japan has begun to fight back against the US dollar in the capital market, which also means that the US economy is officially heading towards stagflation, the hot circulation of the US dollar has officially started, and the Japanese yen will gradually move towards an appreciation trend. Asian emerging markets will also usher in the return of global capital. Next, major central banks around the world, especially the European Central Bank, will also start a cycle of interest rate cuts. Japan's blitzkrieg against the US stock market was the first shot in the armed resistance against the hegemony of the US dollar. Next, a spark can start a prairie fire. Major central banks around the world will also unite to resist. The world has suffered from the US dollar for a long time! The US dollar is officially on the road to the decline of the aristocracy!
Since late March, Bitcoin has been hovering near its previous high. Many people are already sad about the market in the currency circle, especially the altcoins. In April, the U.S. Treasury Department's crazy money-making caused the market liquidity to dry up rapidly, and the decline of the altcoins was horrible. Under the current situation, many people have withdrawn from the currency circle. There are also many people who have already laid down, waiting for the altcoins to return to the original position and withdraw their principal. At present, this mentality is basically the mentality of most of the newbies in the currency circle some time ago. After nearly two months of washing, At present, retail investors are basically desperate. Since March 17, we have clearly reminded everyone of the risks, and clearly reminded everyone to withdraw their principal and wait and see, but there are still many people who firmly believe that it will rise. So far, almost all of them are locked in. When the currency circle is in a bull market, as long as the so-called masters who know a little technical analysis will be admired, because the wealth effect is there, however, when the market fades, there are very few people who can really remind the market of risks in advance and shout out when no one cares. As June approaches, more than half of the bull market in the currency circle has passed. Are you still waiting for the big bull market? How should we plan for investment? When to enter and when to exit? The answer is that only by analyzing the underlying logic of finance can you understand the cycle and know how to advance and retreat. As June comes, the currency circle is increasingly affected by the macro fundamentals of liquidity. If you want to gain wealth in the currency circle, you must understand the basic knowledge of macroeconomics. What is the Fed's slowing down of balance sheet reduction? 35 billion liquidity will be released every month, and the European Central Bank is about to start cutting interest rates. What impact will it have on the financial market? How does CPI expectations affect market trends? The U.S. Treasury Department has launched its first Treasury bond repurchase in 20 years. What impact will it have on the financial market? The reserve requirement ratio of major U.S. banks has been reduced from 20% to less than half of the original 10%. What kind of investment layout will this bring to the currency circle? All of this is concentrated in June. June-September is the key stage of the currency circle investment layout. Missing this layout opportunity and waiting for the big bull market may make you miss the big bull market. Always remember one thing: there are always only a few people who make money in the financial market! 2/8 law! Only with continuous investment cognition can you become one of the few people who survive in the financial market!
The market always arises in despair, rises in hesitation, and perishes in madness. Recently, the currency circle has fallen sharply. Many people say that the bull market is gone. Everyone is pessimistic. However, what Mozi wants to say is that it is the perfect window period for configuring cottages. The decline during this period is due to the sharp loss of market liquidity caused by the tax payment of the US Treasury. It is also the time for the first quarter of the US financial report. This decline is similar to the last Bitcoin decline in January. At the same time, this time when the Hong Kong Bitcoin ETF is listed, institutions will also work together to suppress the currency price, create a panic effect, and let retail investors hand over their chips. This time, the competition for chips is a competition between institutions and retail investors. On the one hand, the West ships goods to realize the profits of the previous period, and at the same time, it can also realize the beautiful financial report and prepare for the rise of the stock market in the second quarter. The East lowers the price and receives goods at a low level! In this in and out, retail investors are completely harvested by institutions and forced to hand over their chips. In May, market liquidity and macro fundamentals will gradually improve. On the one hand, the Federal Reserve’s interest rate meeting released dovish expectations. The Federal Reserve proposed for the first time to reduce the scale of balance sheet reduction in June. Compared with the interest rate cut, this is the biggest benefit! The hot circulation of the US dollar has officially started! In addition, after paying taxes, the U.S. Treasury will release at least 1 trillion U.S. dollars in liquidity to provide sufficient liquidity support for the market. Combining the above two points, Bitcoin will be a bigger capital feast in the second half of the year. In the second half of the U.S. presidential election, the Biden administration will make full use of this time to push up the price of Bitcoin and provide sufficient funds for the U.S. Treasury, which will also be beneficial to his election advantage! In short, whether from the political election or the macro-economic perspective, the second half is when Bitcoin will really explode! As long as the U.S. economy does not fall into recession due to the economic crisis, Bitcoin will rise to an unimaginable level, and the future 10-100 times market is all in this stage! If the U.S. economy is forced to cut interest rates due to the financial system crisis, then we must be alert to risks and prepare for retreat in advance!
The recent Bitcoin market is mainly affected by the expectations of the Federal Reserve interest rate meeting on March 21. Before the Federal Reserve interest rate meeting, because the US CPI and PPI both exceeded expectations, the market expected that the Federal Reserve interest rate meeting would be biased toward hawks to suppress inflation! The market as a whole entered a correction. Unexpectedly, Powell made dovish remarks at the Federal Reserve interest rate meeting. The recent CPI and PPI were mainly affected by seasonal factors, which did not prevent inflation from continuing to decline. The market immediately rebounded around 60,000. On March 22, the Swiss National Bank suddenly The interest rate cut and the former Treasury Secretary of the Federal Reserve issued hawkish remarks, and the market subsequently retreated and continued to decline. Currently, the market has both long and short factors, but the overall market direction is still bullish, and the Chairman of the Federal Reserve has given a clear direction! Bitcoin ETF outflows also slowed down after the Federal Reserve’s interest rate meeting! After the market gradually digests the negative factors, as long as Bitcoin stands firm at 68,000, the bullish trend will continue to start!
Will gold and Bitcoin surge again once the war starts?
Will gold and Bitcoin skyrocket again once the war starts? Why is the Russia-Ukraine war at risk of expanding again at this time? This background has to start with the recent current situation in the United States! Since March 11th, BTFP in the United States has expired and no reservations have been made! Another pool in the United States that provides a steady stream of funds to the market has been closed! In addition, the recent US CPI and PPI have exceeded expectations, inflation expectations are heating up again, and the banking crisis in the New York area of the United States continues to spread. Germany has begun to be seriously affected. Last week, the Swiss National Bank suddenly took the lead in cutting interest rates. There must be some kind of behind this. Interest rates will be cut only due to uncertainty. However, it is unknown whether this uncertainty is related to the banking crisis in the New York area! What is certain is that the Swiss National Bank's actions will cause countries in Europe to follow suit. If another war breaks out at this time, the security risks to the entire European region will rise again. Europe is already crumbling under the pressure of the United States to raise interest rates. , coupled with the expectation of war risks, will only cast a shadow over the economy that is approaching recession. If the war expands again, it will not only interrupt the supply chain, but European inflation will rise again, and the economic pressure will suddenly collapse at this moment. ! The panic effect will spread throughout Europe again, and then the entire European capital will flow to the United States and continue to support the economic development of the United States! As long as capital flows to the United States and pushes up the U.S. dollar, it can further suppress U.S. inflation and at the same time provide a large amount of U.S. dollar liquidity to its own financial system! Temporarily solve the suspension of BTFP in the United States, the lack of liquidity in the U.S. financial market caused by the banking crisis in the New York area and the hidden risks, and direct Southeast Asian capital to Japan through Japan's interest rate hike! It will form a siphon effect on our country and draw away capital! Recently, a series of central banks in Europe, the United States and Japan have combined their efforts. The most important thing is to maintain high interest rates while gaining the favor of capital! Directing global capital to the United States boosts the strength of the U.S. dollar! In this way, the United States can once again receive a large amount of capital support, regardless of the stock market or assets such as Bitcoin. Since the current liquidity of the U.S. financial system is gradually decreasing, more capital support will inevitably be needed. Therefore, promoting the expansion of the Russia-Ukraine war is the best chance of winning! Through the expansion of the war, Russia was suppressed from withdrawing liquidity from Europe, and through Japan's interest rate hike, it was withdrawing capital from Southeast Asia, indirectly suppressing China!The United States can be said to kill three birds with one stone!
The Swiss National Bank suddenly cut interest rates yesterday, which is a black swan for the financial market! The Federal Reserve's interest rate meeting was originally dovish, but it became hawkish because the Swiss National Bank was more dovish! In this way, expectations for the financial market have changed from doves to hawks! The US dollar started to rise sharply yesterday! The rapid return of global capital to the United States has led to increased expectations for the appreciation of the U.S. dollar! The Swiss interest rate cut has the following effects: The Swiss interest rate cut indirectly shows that the U.S. economy is doing well! Because if the economy is good, it can support high interest rates! It was precisely because something might go wrong that we were forced to cut interest rates! Then Switzerland, which has the world's largest pension insurance funds, will quickly evacuate to find a country with safe and stable economic development! In this way, the United States has become the first choice of all European and American countries! Once the funds flow to the United States, they will provide long-term development funds for the U.S. economy! The U.S. economy will be more resilient! We can continue to maintain high interest rates! Such a high interest rate environment is not good for banks! The higher the interest rate, the longer it lasts and the banks are forced to repay their debts! This will sell off risky assets to pay off debt! The recent banking crisis in the New York area of the United States is still spreading quietly, and Germany has been affected! In addition, the United States has suspended BTFP, a pool that injects water into the financial market, on March 11! Therefore, the financial market will face further liquidity pressure. Based on the above analysis, it can be seen that the financial market is changing rapidly and risks are everywhere! The Federal Reserve's interest rate meeting unexpectedly turned from dove to hawk due to the Swiss National Bank's interest rate cut, which will have an adverse impact on the risk asset Bitcoin Gold in late March. I hope everyone will do a good job in risk control at all times!
Preview of market strategies for the Fed’s interest rate meeting: The Fed may have the following scenarios tonight: ① As expected by the market, hawkish forecasts were issued If such remarks are made and the market buys in anticipation of selling, the market has already sold in advance in anticipation of the hawks. Then after this statement comes out, the market will stop falling, stabilize and rebound! Near 60,000 is the stage bottom! Other tracks will be able to enter the layout at that time! ②Exceeded market expectations and issued hawkish forecasts If this statement is made, the market will be negative for a longer period of time. For example, this meeting did not discuss slowing down the balance sheet but intentionally extended it, which will inevitably suppress the capital market, and both gold and Bitcoin will continue to decline! Only until new demand appears and the balance between supply and demand stabilizes! It is not ruled out that it will test around 59,000! ③Exceeding market expectations and issuing dovish forecasts, the market will quickly rise and recover yesterday's decline, and funds will gradually enter other tracks to complete the fund replenishment market! It will at least stand near 69,000 by the end of this month! Repair monthly level bull market!
From the analysis of the three major attributes of Bitcoin, it can be seen that the Bitcoin ecological inscription will inevitably explode and prosper.
① Bitcoin value attributes: This bull market is definitely a big bull market for Bitcoin, and ETFs from major institutions are rushing in! However, as the demand for Bitcoin is halved, it will push Bitcoin to unprecedented heights! When Bitcoin reaches 100,000 US dollars each in this bull market, it will inevitably lead to the exploration of the underlying value of Bitcoin. Otherwise, it will not be able to support its higher price. So what is the underlying value of Bitcoin? The answer must be the practical application and prosperity of the Bitcoin ecosystem. Only when something is visible and tangible will others believe it more! Therefore, the Bitcoin ecosystem has become inevitable! ②Bitcoin security attributes: With the skyrocketing value of Bitcoin, its value is getting higher and higher! More and more people will accept Bitcoin’s store-of-value consensus! It will eventually become a reserve asset of the central bank in the future, so since it is a reserve asset, the safety must be given top priority! However, the most important thing for Bitcoin security is Bitcoin miners! After the Bitcoin halving, the income of miners decreases, which means that the income for maintaining the stability of Bitcoin decreases, which is not good for Bitcoin! In the end, only by making the Bitcoin ecosystem prosper, miners' income will increase, and Bitcoin's stability and security will also increase! This is why the Bitcoin ecological inscription really explodes after the Bitcoin halving! ③Bitcoin asset attributes! What is an asset? Only things that can be cashed out as mortgages from a bank are called assets! If it cannot be mortgaged and liquidated, it cannot be called an asset! As Bitcoin grows higher and higher! Those who previously owned most of the Bitcoins will become the super venture capital institutions in the entire currency circle! They will use their Bitcoin assets to mortgage and cash out, use cash to invest in other tracks, and finally cash out and return to the Bitcoin standard! In this way, not only big names will have more Bitcoins or the Bitcoins they own will become more valuable! Your assets will also appreciate in value! So for the Bitcoin ecological inscription, he is the direct descendant of Bitcoin and his own son! If you don't even support your own son who is a direct line soldier, then who will you support? Therefore, in this bull market, whoever can get the support from the previous Bitcoin giants will dominate the retail market! Sats has the right time, place and people!It can integrate both Bitcoin attributes and meme attributes! The currency circle will not allow one more Bitcoin currency! Because this will reduce the value of Bitcoin, this is not allowed by all the big guys in Bitcoin! But there will definitely be one more thing in the currency circle that makes Bitcoin more valuable and safer and allows more Bitcoin celebrities to appreciate their assets, which is in line with the vital interests behind these celebrities! This is the inevitable result of the inevitable explosion of prosperity in the Bitcoin ecological inscription!
The future vision of sats is global human currency! 1 Bitcoin equals 100 million satoshis will be deeply rooted in the hearts of the people!
The future vision of sats is global human currency! 1 Bitcoin equals 100 million satoshis will be deeply rooted in the hearts of the people! Bitcoin will become the reserve asset of Wall Street's major central banks around the world, and Satoshi will become the currency of global human individual savings assets! The only stable pricing unit for commodity media exchange! In the future, Bitcoin will replace gold and become a global central bank reserve digital asset. Just like Wall Street invented gold as a global central bank reserve asset in the past 200 years, as a global currency, it must be anchored by gold, just like the Bretton Woods system. It is stipulated that one dollar must be supported by corresponding gold. This is the origin of the US dollar. Until now, the public psychology still unconsciously equates the US dollar with the US dollar. It is officially because of this psychological suggestion that the US dollar has become the most popular currency in the global capital market. This is why central banks other than the United States reserve US dollars as foreign exchange reserves! Therefore, the US dollar has the highest liquidity in the world! Then a unified global capital market was formed, and finally there was dollar circulation and dollar hegemony! However, now it is precisely because of the problem with the US dollar system itself! After the disintegration of the Bretton Woods system in 1973, the U.S. dollar was galloping around like a wild horse that had lost its reins! Coupled with the U.S. government’s uncontrolled over-issuance of currency and arbitrary sanctions on other countries during international conflicts! Leading to a serious crisis of confidence in the international monetary system! To change this situation! A new model must be invented! Let Bitcoin become the store of value property that replaces gold! So who will become the global currency in the future? The answer is Satsong! 100 million Satoshi is equal to one Bitcoin! Sats is naturally anchored by Bitcoin and is also a product of the Bitcoin ecosystem! And there is no centralized issuing agency for sats! Whether it is US dollars or ustd now, there are centralized institutions. If the United States wants to sanction a certain country, it can also sanction the centralized main body, and it can indirectly sanction a certain country! However, there is no centralized body in sats. Even if the United States wants to impose sanctions, it cannot find a centralized body! SATs is built on the Bitcoin chain, and its security is the same as Bitcoin! At the same time, the issuance of 2,100 trillion sats is measured and cannot be exceeded! It is most suitable as the smallest unit of global currency!Now, whether it is US dollars or usdt, you can arbitrarily over-issuance, and there will be no way to avoid value imbalance in the future! 1 Bitcoin is equal to 100 million Satoshi. In the future, if a Bitcoin becomes 1 million US dollars, then 1 Satoshi will be 0.01 US dollars, which is equivalent to one cent, the smallest unit of the US dollar system! However, the current total global issuance of USD M2 is 27 trillion, which means the market value of USD is 27 trillion. If 1 satoshi is equal to 0.01 USD, then the total market value of sats is 21 trillion! Close to the current market value of USD M2! In the future, after the Bitcoin halving, the supply will decrease and when the demand reaches a certain level, the price will remain stable. For example, if the constant price of Bitcoin is US$1 million, then the value of sats will also be stable as the value of Bitcoin stabilizes in the future! In the future, global central banks will use Bitcoin for settlement, and individuals around the world will use Satoshi for personal payment settlement! At present, no matter what kind of currency we humans use, as long as it is stored in the bank card, it will be invisible and devalued by inflation! However, today sats has created the first global individual deposit payment settlement currency in human history! Its measured issuance has no over-issuance, and its decentralized subject cannot be sanctioned by anyone! Its security is rooted in the Bitcoin chain, and its value is tightly anchored to Bitcoin. Such a circulating currency with a globally stable value is exactly what humans around the world need for commodity exchange in the future! Using sats to price global goods is more valuable, stable and fair! Therefore, sats will show its power in the near future! Wall Street and the world's major central banks own Bitcoin, while individual human beings around the world own sats! 1 Bitcoin equals 100 million Satoshi will be implanted in people's hearts! Form a new global reserve asset, digital gold Bitcoin, and form a new global currency, sats! A capital market established by sats, a new global currency, is also formed! Form a new global currency sats circulation system! Form a new global currency sats hegemony system! It’s just that this hegemonic system is no longer a system that a certain country or individual could control before! The sats hegemony system is an oath from all individuals around the world that the future world monetary system will be fairer and safer and that personal private property will be protected and inviolable! It also represents the hegemonic system that represents mankind's yearning and pursuit of a better future world. It is the common good wish of mankind around the world, not the hegemonic system of a few people!It is precisely in this way that our world will have a steady stream of motivation to move forward and become a better place! Only a good monetary system can effectively protect the private property of mankind around the world and promote effective progress in the production efficiency of this society! Only then will human civilization reach a higher level!
#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.
The banking crisis in the United States spread to Europe last week. Bitcoin, Ethereum, sats, and the Shanghai Composite Index A-share market rose as expected!