Bosera International: Currently, Bitcoin is in its fourth cycle, maintaining a medium to long-term positive outlook

Bosera International stated that Trump's policies are considered to potentially have a long-term positive impact on the cryptocurrency market, including supporting the development of cryptocurrencies through executive orders and legislation. In addition, the effectiveness and mainstreaming trend of the cryptocurrency market is also one of the favorable factors. Policies that may be promoted by the Trump administration include more friendly legislation for cryptocurrencies, as well as possible tax incentives, all of which could further promote the popularity and acceptance of cryptocurrencies. Bosera International further stated that Bitcoin is currently in its fourth cycle, it is expected to still be in the early stage of this round with price recovery waiting for an increase in Federal Reserve interest rate cut expectations or institutional participation continues to rise; maintaining a medium-to-long term optimistic view.