比特幣修正在市場動盪中測試看漲決心

分析師表示，最近的減半後調整已使比特幣價格跌破 6.4 萬美元，他們仍然認為牛市週期「遠未結束」。儘管地緣政治緊張以及聯準會寬鬆週期的延遲，但由於投機投資者關注潛在的增稅和打擊加密貨幣稅收漏洞，黃金遭受了重大損失。

Bitcoin's Post-Halving Correction and the Bull Cycle's Future

比特幣減半後的修正與牛市週期的未來

Following a period of significant appreciation, Bitcoin (BTC) has experienced a notable decline, dipping below $64,000 in a post-halving correction. This correction is considered by some analysts to be a temporary setback within a larger bullish cycle that is far from over.

經過一段時間的大幅升值後，比特幣 (BTC) 經歷了顯著下跌，在減半後的修正中跌破 64,000 美元。一些分析師認為，這次調整是遠未結束的更大看漲週期中的暫時挫折。

The halving event, which reduces the production rate of new Bitcoins by half, has historically been a catalyst for price surges in the past. However, this recent price correction suggests that the market may be experiencing a period of consolidation and adjustment.

減半事件使新比特幣的生產力降低一半，歷史上一直是過去價格飆升的催化劑。然而，最近的價格調整表明市場可能正在經歷一段盤整和調整期。

James Lavish's Concerns on Inflation and the Fed's Response

詹姆斯·拉維什對通貨膨脹的擔憂和聯準會的反應

Financial expert James Lavish has expressed concerns over the implications of the U.S. response to geopolitical flare-ups on inflation. He argues that the record deficits already pose a significant challenge for the Federal Reserve and the Treasury, and that the current approach could lead to further inflationary pressures.

金融專家詹姆斯·拉維什對美國應對地緣政治突發事件對通膨的影響表示擔憂。他認為，創紀錄的赤字已經對聯準會和財政部構成了重大挑戰，目前的做法可能會導致進一步的通膨壓力。

Gold's Decline Amid Speculation and Policy Uncertainties

投機和政策不確定性導致黃金下跌

Gold has experienced substantial losses this week as speculative investors shift their focus to the potential delay in the Federal Reserve's easing cycle. Uncertainty surrounding the timing of the Fed's tapering and the possibility of its postponement until after the 2024 U.S. elections have weighed on the metal's price.

由於投機投資者將注意力轉向聯準會寬鬆週期可能延遲，黃金本週經歷了大幅下跌。聯準會縮減縮表時間的不確定性以及推遲至 2024 年美國大選後的可能性，對金屬價格構成壓力。

Biden's Proposed Tax Reforms

拜登提出的稅改

President Biden's 2025 Budget proposal includes a proposal to tax capital gains at 45%, which has raised concerns among investors in cryptocurrencies and other assets. Additionally, the proposal aims to close crypto tax loopholes, potentially affecting the tax treatment of crypto transactions.

拜登總統的 2025 年預算提案包括一項以 45% 稅率徵收資本利得稅的提議，這引起了加密貨幣和其他資產投資者的擔憂。此外，該提案旨在堵住加密貨幣稅收漏洞，這可能會影響加密貨幣交易的稅務處理。

Implications for Precious Metals, Cryptocurrencies, and the Economy

對貴金屬、加密貨幣和經濟的影響

The recent market movements have implications for various asset classes and the broader economy:

最近的市場走勢對各種資產類別和更廣泛的經濟產生影響：

• Precious Metals: The decline in gold prices underscores the market's sensitivity to interest rate expectations and the Fed's monetary policy.
• Cryptocurrencies: Bitcoin's correction serves as a reminder of the volatility inherent in crypto markets, even amid bullish cycles. The Biden administration's proposed tax changes could impact the attractiveness of cryptocurrencies as investments.
• Economy: Lavish's concerns highlight the potential risks of continued inflation and the challenges facing policymakers in balancing economic growth with price stability.

Market Outlook and Future Expectations

貴金屬：金價下跌凸顯了市場對利率預期和聯準會貨幣政策的敏感度。拜登政府提議的稅收改革可能會影響加密貨幣作為投資的吸引力。和未來預期

Analysts remain divided on the trajectory of Bitcoin and other cryptocurrencies in the wake of these developments. Some believe that the correction is a temporary setback within a larger uptrend, while others anticipate a more prolonged period of consolidation.

在這些事態發展之後，分析師對比特幣和其他加密貨幣的發展軌跡仍有分歧。有些人認為，此次調整是較大上升趨勢中的暫時挫折，而另一些人則預計將出現更長的盤整期。

The Federal Reserve's monetary policy decisions and the geopolitical landscape will likely play a crucial role in shaping the future direction of financial markets. Investors are advised to carefully monitor these factors and adjust their strategies accordingly.

聯準會的貨幣政策決策和地緣政治格局可能在塑造金融市場的未來方向方面發揮至關重要的作用。建議投資人仔細監控這些因素並隨之調整策略。