Bitcoin Bull Market: Why Lao Huang Predicts New Hi

Fans always ask me whether Bitcoin will break a new high in this bull market?Lao Huang gave a direct answer: Bitcoin will not only break the high of 6.90,000 in the last bull market, but this bull market will most likely reach a high of 10,000-15,000.The reasons are as follows:1. The Bitcoin spot ETF of major Wall Street institutions has just been approved. BlackRock and other institutions have spent time, energy and money to do this. This is not children’s play. They enter the market with goals. Simple In other words, it’s about making money in the currency circle. The market has not started yet, and it cannot end hastily. Don't forget, their holding costs are more than 40,000, and institutions will not make loss-making transactions, especially the Jewish capital on Wall Street! ! !2. There are only about 80 days left before the pie is halved. By then, the price of BTC will have to rise. If it is lower than the mining cost of miners, then the whole currency circle will have big problems if they shut down their machines without work. Don’t ask why it’s rising, the pie must rise, it has to! ! !3. Now Grayscale keeps selling and selling, and BlackRock and other institutions keep buying and buying, the left hand pours into the right hand, the right hand pours into the left hand, pulling back and forth to the extreme, collecting chips, washing the market up and down, and by constantly releasing negative news, institutions Keep collecting BTC, and when they reach their expected value, Bitcoin will start to go crazy, keep rising, and blow up all the short sellers! ! !4. Expectations for the Federal Reserve to cut interest rates. After one or two years of raising interest rates, the inflation level in the United States has basically reached the goal of raising interest rates and lowering inflation. In recent times, the Federal Reserve has announced a stop to raising interest rates at its interest rate hike meetings. The market generally expects to start cutting interest rates in the second and third quarters today. , when the global market is flooded again, the currency circle will definitely receive a large amount of funds. By then, it will be difficult for Bitcoin not to soar! ! !The above points can be regarded as Lao Huang’s belief in recharging money for all holders. I hope all currency friends will hold on to the chips in their hands and welcome the bull market! ! !