✍ Good Friday, colleagues. Let's keep working



Since the Fed began reducing its balance sheet, Bitcoin has shown an impressive 182% growth, rising from $39,000 to $109,000 in three years. Over the same period, the Fed's balance sheet has shrunk by about 25% 💰

It's interesting to see how the market reacts to such moves: $BTC has proven itself to be a "great liquidity sucker", showing strength even in the face of tightening.

📈 The question is what happens next. When the Fed inevitably returns to expansionary monetary policy, Bitcoin may gain new momentum, and that's when we'll see how high it can go.

#BTC # bitcoin
{spot}(BTCUSDT)
EPT-0.7%
BTC0.71%
IN2.58%
MAY3.17%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)