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🔥 Focus on the important news this week‼️ It will have a significant impact on the market trend. 🔥 Pay attention to these three major events this week:
(1) Will Israel's attack on Hamas provoke a large-scale conflict?
Now that the negotiations have broken down, there is still very strong public support in Israel for the continuation of the war
If there is no problem with small-scale conflicts, but if involved in conflicts between Egypt and Iran, it will cause a big dump in BTC.
Probability of large-scale conflict: 30%
(2) The US April PCE data will be released on Friday night.
Friday night 8:30 PM announcement
Higher than expected Unfavourable Information.
If it is lower than expected, then it will go bullish.
BTC is expected to challenge the previous high.
(3) The US Treasury Department repurchases US Treasury bonds for the first time in over 20 years.
From this Wednesday, the U.S. Department of the Treasury will start a series of treasury buybacks, indirectly benefiting the crypto world.
The Ministry of Finance repurchases a large amount of national debt, reducing the supply of national debt in the market, thereby pushing up the price of national debt and lowering the yield, which is favorable for the crypto world and risk assets.
In a bull market, if you don't want to miss this bull market, don't be affected by short-term ups and downs, just wait for the arrival of the raging bull. If a big crash occurs due to war news, it is probably the most important opportunity to buy the dip before the bull market comes.
BTC will be speculated in advance before the halving, before the Fed's interest rate cut, and before the official trading of ETH ETF. I believe that this round of cycle will be boosted by BTC spot ETF. (In addition, sol has a chance to pass ETF. This bull market should pay attention to it.) There is no doubt that the arrival of the bull.
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