The United States has signed a $2.5 trillion economic stimulus plan for the next 12 months. Did Elon Musk really invest $1.7 billion in BTC?

BREAKINGS There are rumors today:

1. The United States has signed a $2.5 trillion economic stimulus plan for the next 12 months.
2. Elon Musk has invested $1.7 billion in BTC.

Let's break it down one by one:
1. Trump signed the $2.5 trillion 'economic stimulus' plan
Verification results: serious misinterpretation (distortion of tax reform concept)

Source analysis: This so-called $2.5 trillion is not similar to the 'liquidity injection (QE)' that directly printed money during the pandemic in 2020.
Its underlying source is based on Trump's expectation of tax cuts of about $2.5 trillion generated over the next 10 years from extending the Tax Cuts and Jobs Act (TCJA) and related corporate tax reform plans.

2. Musk built a position buying 1.7 billion in BTC.
Verification result: purely fake news (data manipulation)

Tracing analysis: currently there are no SEC documents (such as 13F or 8-K) or core on-chain data to prove that Tesla or Musk personally purchased 1.7 billion dollars worth of BTC recently.
The source of this 1.7 Billion data is extremely absurd: it is likely cobbled together from old news about Tesla buying 1.5 billion in BTC in 2021.

These two pieces of news are either extremely malicious data manipulation or a serious misinterpretation of macro policy.
In short: releasing such news at this time is undoubtedly a bait from the market makers. Do not be deceived.

However, there is one piece of news that we should be vigilant about:
Japan is preparing to raise interest rates to 1% in June. Upon verification, the market does indeed expect a rate hike in June or July, which would be akin to a nuclear-level positive for shorts.

But the reality is that the probability of raising rates to 1% in June has currently dropped below 40%. In the short term (April-May), it is highly likely that there will be no changes.
If future wars subside, then interest rate hikes will be back on the agenda.

Trivia: Financial illiteracy exaggeration - refers to some people who do not understand economics and talk nonsense.
#V macro analysis