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Some people say that if the US dollar doesn't announce an interest rate cut, it's still good news. However, if the rate cut happens, it would be a major bearish signal, and Bitcoin might experience a sharp decline. I think it's a possibility because the United States currently has a substantial amount of debt, leading to high interest expenses. As a result, the market has been anticipating a US dollar interest rate cut for over half a year. Initially, a rate cut is considered positive news, but over the past six months, there has already been a considerable amount of anticipation. Once the news is confirmed, the capital market may seize the opportunity to harvest profits. If the bears push the market downward, there is potential for even greater gains. |
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Post time 13-3-2024 16:30:22
