Boshi International: Bitcoin is currently in the fourth round of the cycle, maintaining medium and long-term optimism

Bosera International said that Trump's policies are considered to be likely to have a long-term positive impact on the cryptocurrency market, including through executive orders and legislation to support the development of cryptocurrencies. In addition, the effectiveness and mainstreaming trend of the cryptocurrency market is also a positive factor. Possible policies promoted by the Trump administration include more crypto-friendly legislation and possible tax incentives, which may further promote the popularity and acceptance of cryptocurrencies. Bosera International further stated that Bitcoin is currently in the fourth round of the cycle and is expected to remain in the early stage of this round of the market. The continued recovery of the currency price needs to wait for the Federal Reserve's interest rate cut expectations to increase or institutional participation to continue to increase. Maintain medium and long-term optimism.