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BearishThe European Central Bank is expected to raise rates, and market funds will flow to stable assets
BlockBeats reports that on July 23, market participants currently expect a 100% probability that the European Central Bank will raise interest rates twice before the end of the year, 25 basis points each time.
The market is increasing its bets on the Bank of England to raise rates; the probability of a 75 basis point rate hike by mid-2027 has reached 100%.
As for Bitcoin (BTC), it is still expected to remain bearish.
It will fall to 50,000 to form a base, and then start a bull market.
The above is my personal opinion only and does not constitute investment advice
BlockBeats reports that on July 23, market participants currently expect a 100% probability that the European Central Bank will raise interest rates twice before the end of the year, 25 basis points each time.
The market is increasing its bets on the Bank of England to raise rates; the probability of a 75 basis point rate hike by mid-2027 has reached 100%.
As for Bitcoin (BTC), it is still expected to remain bearish.
It will fall to 50,000 to form a base, and then start a bull market.
The above is my personal opinion only and does not constitute investment advice
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.