CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
BitcoinSistemi 2025-01-02 16:06:08

Bitwise Analyst Explains Why Bitcoin Could Not Rise, Lists His Expectations!

The US Presidential elections held last November, which resulted in Donald Trump's victory, brought an increase in both the dollar and cryptocurrencies such as Bitcoin. As the dollar continued to strengthen after Trump's victory, analysts said that this rise in the dollar was similar to the rise experienced after Trump's victory in 2016. When Trump was first elected president in 2016, the DXY peaked in December but fell over the next 12 months. The dollar’s decline coincided with Bitcoin’s rise in 2017. At this point, although there is an expectation in the market that the same situation will happen now, this time the story of the dollar and Bitcoin may be different. Because experts stated that there are no signs of decline in the DXY yet and that Trump's economic policies and FED decisions may support the rise of the dollar. While a strong dollar is considered a negative for risk assets like Bitcoin, incoming Trump’s support for Bitcoin has brought new ATHs. But while Trump has expressed support for Bitcoin, Bitwise Europe head of research Andre Dragosch said a strong dollar and Fed policies could pose challenges for Bitcoin in 2025. He said the rally in Bitcoin will not continue at the same pace due to a stronger dollar, higher yields and geopolitical uncertainties. “The Fed is caught between two choices: Do too little, act too late and risk a recession in the U.S., or risk a significant acceleration in inflation again. The Fed told markets at its last meeting that they would only make two rate cuts in 2025. That's why the dollar is appreciating and yields are continuing to rise. “I think the thing that is also affecting BTC and bringing it down is the dollar rising. The macroeconomics are currently a headwind for Bitcoin.” *This is not investment advice. Continue Reading: Bitwise Analyst Explains Why Bitcoin Could Not Rise, Lists His Expectations!

Lesen Sie den Haftungsausschluss : Alle hierin bereitgestellten Inhalte unserer Website, Hyperlinks, zugehörige Anwendungen, Foren, Blogs, Social-Media-Konten und andere Plattformen („Website“) dienen ausschließlich Ihrer allgemeinen Information und werden aus Quellen Dritter bezogen. Wir geben keinerlei Garantien in Bezug auf unseren Inhalt, einschließlich, aber nicht beschränkt auf Genauigkeit und Aktualität. Kein Teil der Inhalte, die wir zur Verfügung stellen, stellt Finanzberatung, Rechtsberatung oder eine andere Form der Beratung dar, die für Ihr spezifisches Vertrauen zu irgendeinem Zweck bestimmt ist. Die Verwendung oder das Vertrauen in unsere Inhalte erfolgt ausschließlich auf eigenes Risiko und Ermessen. Sie sollten Ihre eigenen Untersuchungen durchführen, unsere Inhalte prüfen, analysieren und überprüfen, bevor Sie sich darauf verlassen. Der Handel ist eine sehr riskante Aktivität, die zu erheblichen Verlusten führen kann. Konsultieren Sie daher Ihren Finanzberater, bevor Sie eine Entscheidung treffen. Kein Inhalt unserer Website ist als Aufforderung oder Angebot zu verstehen