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One week before Trump's inauguration, Global Assets are celebrating wildly! Stock markets in China, the US, and Europe are all rising, and Bitcoin is nearing its historical high.
U.S. stocks achieved their best weekly performance since November, European stocks recorded a fourth consecutive rise, Hong Kong stocks posted their best performance in three months, the Csi 300 Index rose nearly 3% for the week, and Bitcoin surged 14% to exceed 0.105 million USD.
The three main Indicators suggest that Bitcoin has not yet reached the peak of the cycle!
What position is Bitcoin in during this cycle? These Indicators may provide some clues...
Mapping Ethereum's Price Reaction to December's CPI Data
Trump will return to the White House next week! What are the important processes for the inauguration ceremony? Please keep this observation and Trade guide.
Looking back in history, since 1933, the average increase in the S&P 500 Index in the first 100 days following a new president's inauguration has reached as high as 8.67%, while the increase during Trump's previous first 100 days was 5.50%.
Bitcoin Consolidates Around $99,000 After $750 Million ETF Inflows On Wednesday
More Crypto ETFs Are Almost Certainly Coming Under Trump -- Barrons.com