Work hard! Hush, I found the pattern of Bitcoin's rise and fall! Is the big market coming?
Bitcoin is facing huge positive news, and this overlooked data may completely change the current situation!
So which coins should be bought at the bottom now, and what important events will happen in the currency circle this week?
First of all, the big bulls in the currency circle are likely to be unable to hold back and start at any time. You should know that the rise and fall of Bitcoin has never been driven by the halving of production. Its internal rise and fall is actually directly related to global liquidity.
You can clearly see that the peaks and troughs of the previous bull and bear markets are actually positively correlated with the issuance of currency worldwide. The recent money supply was actually stagnant in the first half of the year. No one had extra money to enter the market, so the currency circle has been holding on, and there was no actual increase.
But now let's take a look again, the world's money supply has begun to increase again.
In the past month, the global broad money base expanded by 1.2 trillion US dollars, of which the Bank of Japan and the Central Bank of China printed 400 billion and 97 billion US dollars respectively. Therefore, although the Fed has not yet released money, many countries can no longer hold on, and now that inflation in various countries has also come down, they no longer have any reason to suppress the market.
So now all countries have begun to release money to stimulate the economy, which will be a solid foundation for the gradual bull market in the currency circle, because only when there is more money can the currency price usher in a real increase.
The Federal Reserve is also determined to start cutting interest rates on September 19, but the range may be only 25 basis points, but every subsequent meeting will cut interest rates once and begin to loosen up the economy.
So I have no doubt that the trend of the currency circle in the next two years is bullish, because whether it is the global loose monetary policy or the Federal Reserve’s interest rate cut, this will definitely promote the long-term rise of various financial assets, so our assets will triple or quadruple next year. This result is certain, but there will be some twists and turns in the middle, so don’t use high leverage to hold long-term positions.
