My personal view on Bitcoin remains that the weekly chart still shows a C-wave decline and correction. Today, the Federal Reserve meeting kept interest rates unchanged, and Powell's term will not see rate cuts. Additionally, the recent surge in precious metals has attracted market liquidity. The tokenization of RWA assets in the crypto space and the tokenization of US stocks will also attract retail investors' attention. Therefore, BTC is still expected to pull back in the short term. Due to the depreciation of the US dollar, most of the investments in low-interest-rate loans in the past, such as Japanese yen, are dollar assets. If the yen continues to weaken, it will impact dollar assets and US stocks. Currently, the US strategy is to let the dollar depreciate to support the relative rise of the yen, thereby preserving dollar assets and US stocks. However, Bitcoin is not as strong as US stocks and still needs to decline gradually for a period.

BTC-5,54%
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run~vip
· 10h ago
Experienced driver, guide me 📈
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