5-point summary of 2023: Why did the interest rate hike fail to prevent Bitcoin from skyrocketing?

The Federal Reserve continues to raise interest rates for a year. By then, the price of Bitcoin has risen from US$17,100 at the beginning of the year to US$43,000 today. Therefore, raising interest rates will not necessarily cause the currency price to plummet, but will cause the currency price to skyrocket. Do not trust any bookmakers. If so, most bookmakers on the market do not make real investments or transactions, they only earn traffic fees. Believe in the practical side.

The capital market is still speculating on expectations. It will turn into a bull market when the interest rate hike is about to end, and it will turn into a bear market when the interest rate cut is about to end. This wave of interest rate cuts by the Federal Reserve will last for 2-3 years, which will extend the time for the bull market to arrive.

With the current market situation, don’t doubt whether the bull market is coming. Unless you are a novice, I can understand. If you are an old leek, don’t doubt it. The simplest operation idea in the bull market is to get a lot of Bitcoin and Ethereum. Every wave of correction is an opportunity to add short-term positions, and every wave of plunge is even an opportunity to increase leverage again. Don’t envy the rise and fall of small currencies. It is difficult for you to grasp this opportunity and it is difficult for you to catch up with every one. Project dynamics. In the end, you will find that the big currencies are the ones that really make you big money. Generally, callbacks in bull markets are safe within 30%. There is no market that keeps rising. If the callback is within 10%, you can add positions now with spot stocks. If the callback is 20%, you can choose short-term leverage with stop loss to add positions. . No matter what currency you speculate on, the premise is to speculate on Bitcoin, which is the benchmark for the entire currency circle. It is the general direction, and we must grasp the general cycle.

Next year, there is more than 90% probability that sec will forward Bitcoin spot ETFs, which will cause a large amount of money from global speculation in US stocks to flow into the currency circle. The size of the United States is tens of trillions, and if 10% of it comes in, it will be several trillions of dollars. The market value of the currency circle will easily double. Institutions only play a guiding role.

Don’t bet on the plunge before the pie is halved. The last wave was just an illusion. Don't bet that this bull market will last forever, only going up but not falling, and don't bet on the everlasting bear market in the future. The market still has cycles

This bull market in the Bitcoin ecosystem will explode. Previously, everyone only focused on AI, GameFi, Soufi, DeFi, etc. We should also pay attention to Bitcoin ecological projects. The beginning is Bitcoin and the end may be Bitcoin.Bitcoin can be popular without ecological Bitcoin, but it will be even more popular with ecological Bitcoin. Bitcoin will steal some of the limelight from Ethereum, but it will definitely not steal all of the limelight. There is a high probability that Ethereum’s spot ETF will pass next year and the year after.

Mining is still the most stable way to make money, and this wave of Bitcoin ecological explosion will create a wave of rich Bitcoin miners. Don’t worry, the coins have been mined. No one keeps accounts.

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