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🌹Bitcoin has once again broken through 86000 USD, is it still a bull trap? + Chapter 13 of the Chan Theory Diagram Explanation 👇
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With Trump launching the strongest tariff nuclear bomb in history, the US stock market plummeted, leading to a sharp decline in global financial markets, which are in a state of despair, making it difficult for the crypto market to remain unaffected.
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I believe the United States is aware of the market reactions brought about by these policies. So, since they know, why would they still engage in such seemingly self-destructive actions that harm both others and themselves, like the recent suspension of tariff policies on certain countries by Trump? What does this reveal behind the scenes?
====================== 🌹Trump's return to power this time is all about making America great again, which is the core principle. Once we understand this core essence, we can then look at some of his strategic intentions, and many things will become clear.
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As we all know, the U.S. government is the only sovereign nation in the world that does not have the power to issue its own currency; the authority to issue currency belongs to the Federal Reserve, and the financial policies set by the Federal Reserve cannot be intervened by the U.S. President.
======================= At present, the most headache facing the US ZF is the high debt, the $38 trillion foreign debt owed, and the high interest rates of the Federal Reserve have made it difficult for the US ZF, and one-third of the government's revenue source has to pay interest, one-third of military spending, and the remaining one-third to solve domestic people's livelihood, infrastructure and other expenditures.
======================= 🌹The high interest rates maintained by the Federal Reserve have made the already financially struggling days of the U.S. government even more difficult. Since Trump took office, he has been urging Federal Reserve Chairman Powell to lower interest rates immediately, which also indirectly confirms the financial predicament of the U.S. government. Even if Trump wants to do something, a clever woman cannot cook without rice; the government has no money. Moreover, the most important thing is that this situation continues, and the principal of the debt definitely cannot be repaid, and it is possible that there will be no way to pay the interest either.
======================= And this is something that the U.S. government cannot accept. Once they cannot even pay the interest, what follows will inevitably be the bankruptcy of the U.S. government, and the U.S. dollar will lose its status as the global dominant currency. This is not only something that the U.S. government and the Federal Reserve do not want to see, but it is also something that the entire world does not want to accept or witness, after all, the top billionaires from all countries and top talents from various industries have a large amount of assets in the United States.
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Therefore, the implementation of this series of policies by the U.S. government ultimately aims to make America great again. After all, a dead camel is still bigger than a horse, not to mention that the U.S. has not yet reached that state.
======================= Now let's return to the cryptocurrency space. Since Trump took office, he has consistently emphasized making Bitcoin a strategic reserve for the United States. The signals released by this have already revealed a lot. The article does not elaborate on whether in the future the US dollar will treat Bitcoin like gold and oil as a benchmark asset.
======================= 🌹Coin market, with the advancement of global policies and the subsequent easing of the economy, I firmly believe that good things will come as scheduled in the future trend.
#baby #sol #pi #eth #btc