Greeks.live: Macro market is positive, BTC is expected to break $110,000 this week

Odaily Star Daily News, macro researcher Adam of Greeks.live, wrote that this Thursday, the Federal Reserve, the Bank of England, and the Central Bank of Japan will release interest rate decisions one after another. The market unanimously believes that the Federal Reserve will cut interest rates by 25%, while there is a 20% probability that the Central Bank of Japan will raise interest rates this week, which is more closely followed by the market. The recent significant depreciation of the yen has put greater pressure on the Central Bank of Japan to raise interest rates. As the main target of the forex arbitrage market, an interest rate hike will inevitably bring liquidity pressure to the market. It is highly probable that all decisions will bring favorable information to the macro market, and the price is expected to reach $110,000 this week. Market makers in the options market are also increasing their positions in options ranging from $110,000 to $120,000 by the end of the year.