QCP-Capital pointed out that #Bitcoin has broken its historical high today, reaching 118,000 USD, driven by two major macro factors:
1️⃣ Global manufacturing "preemptive strike" + credit expansion: In response to Trump's tariffs, global imports surged, coupled with loose credit in the manufacturing sector, driving a rebound in copper prices and industrial demand. 2️⃣ The dominant pattern of US fiscal policy is established: short-term debt financing repurchases long-term debt, suppressing market volatility and driving asset prices collectively upward.
Despite the current market showing "signs of a bubble", QC-P believes this may be a precursor to large-scale institutional adoption — ETF and crypto treasury purchases are still continuously accumulating.
📈 The bull market is not over yet, what do you think? #BTC macroeconomics #cryptocurrency
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🚨【BTC hits a new high, underlying logic revealed】
QCP-Capital pointed out that #Bitcoin has broken its historical high today, reaching 118,000 USD, driven by two major macro factors:
1️⃣ Global manufacturing "preemptive strike" + credit expansion: In response to Trump's tariffs, global imports surged, coupled with loose credit in the manufacturing sector, driving a rebound in copper prices and industrial demand.
2️⃣ The dominant pattern of US fiscal policy is established: short-term debt financing repurchases long-term debt, suppressing market volatility and driving asset prices collectively upward.
Despite the current market showing "signs of a bubble", QC-P believes this may be a precursor to large-scale institutional adoption — ETF and crypto treasury purchases are still continuously accumulating.
📈 The bull market is not over yet, what do you think? #BTC macroeconomics #cryptocurrency