According to Mars Finance news, on March 20, the Federal Reserve announced in the early hours of the day that it would slow the pace of reducing its $6.8 trillion balance sheet, reducing the monthly cap on Treasury bond reductions from $25 billion to $5 billion. The easing of the financial environment seems to be stimulating risk appetite. The US dollar has recorded the third largest three-day decline since 2015, while US Treasury yields and bond market volatility have also declined significantly. Jamie Coutts, chief cryptocurrency analyst at Real Vision, said these changes could lay the foundation for a significant rise in Bitcoin in the next 90 days. Historically, these signals often precede major Bitcoin volatility. Now, with the People's Bank of China increasing liquidity measures, although concerns about Trump's tariffs and a potential economic recession persist, the market may be underestimating the speed of Bitcoin's surge, which could set a new high before the end of the second quarter.
Chief Analyst of Real Vision: Loose financial environment may help Bitcoin reach new highs before the end of Q2
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